Marriott International has given notice that the Times Square Edition hotel will be shuttering this summer. It’s the latest in the ongoing saga at Mark Siffin’s 20 Times Square project. Marriott’s notice comes after the operator warned the hotel owner, Maefield Development, back in March that the owner could go into default on its contract as a result of the pandemic, Bloomberg reported. Now, the hotel operator is making good on the warning and yanking
source https://therealdeal.com/2020/05/20/times-square-edition-to-close-after-only-a-year/
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