Aju Hotels & Resorts is the buyer in the recent sale of two Midtown hotels of the former Chesapeake Lodging Trust, property records show. The buyer, a subsidiary of South Korean-based conglomerate Aju, picked up 52 West 36th Street for $85.5 million and 30 West 31st Street for $51.2 million. Combined, the properties have 307 rooms. Park Hotels & Resorts announced in May that it was buying Chesapeake, a deal that included the sale of
source https://therealdeal.com/2019/09/30/south-korean-firm-snaps-up-two-midtown-hotels-for-137m/
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