Those who grew up in the 1980s will no doubt remember the catchy jingle about the Milford Plaza Hotel — aka the Lullaby of Broadway. But in 2009, there was very little singing and dancing at the Eighth Avenue institution. Instead, 350 workers were laid off, a planned renovation was scrapped, and Philip Milstein’s Ogden Cap Properties put the 1,331-key Midtown property on the market. The following year, with the hotel sector still reeling from the financial crisis, […]
source https://therealdeal.com/issues_articles/the-quiet-hotel-powerhouse/#new_tab
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