Hilton Grand Vacations, a timeshare company, has purchased a hotel on Billionaires’ Row for $175 million. The company bought the Quin at 101 West 57th Street from a fund overseen by UBS Asset Management, according to Bloomberg. The 213-key hotel opened in 1929 and was known as the Buckingham at the time. Artists included George O’Keefe and Marc Chagall have stayed there. The price came out to about $820,000 per key. Hilton spun off Hilton Grand Vacations into […]
source https://therealdeal.com/2018/07/02/hilton-grand-vacations-buys-quin-hotel-for-175m/
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