Gary Barnett’s secretive Diamond District development, it turns out, will be a hotel with several hundred rooms. And the developer is now ready to move ahead with those plans after securing the last properties he needs in order to build. Extell Development closed on the four-story former home of the Plaza Arcade diamond mini-mall at 32 West 48th Street for $40 million, the New York Post reported. The developer also purchased several nearby buildings […]
source https://therealdeal.com/2018/11/05/barnett-to-build-large-hotel-in-the-diamond-district/
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