Friday, 4 May 2018

Plaza Hotel buyers-to-be in talks with Louis Vuitton parent for retail makeover

Shahal Khan and Kamran Hakim, the would-be buyers of the gold and marble-accented Plaza Hotel in Manhattan, are in talks with French luxury brand company LVMH for new retail stores at the building, The Real Deal has learned. Khan’s Chimera Group and Hakim recently signed a hard contract to buy the majority stake in the Plaza from Subrata Roy’s Sahara Group for $600 million, as TRD first reported Thursday. Sources familiar with the talks say […]



source https://therealdeal.com/2018/05/04/plaza-hotel-buyers-to-be-in-talks-with-louis-vuitton-parent-for-retail-makeover/

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