Ace Hotel New York — reported recapitalization

PUBLIC Hotel — reported capital commentary

PUBLIC Hotel · 367 keys · Independent / boutique

New York trade press

Ian Schrager house. Capital commentary exists. No filing-grade rooms-only price in this corpus.

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Hotel Chelsea — redevelopment-era ownership change

Hotel Chelsea · 155 keys · Independent / boutique

New York Times / trade coverage of Chelsea redevelopment

Ownership and capital stack changed during the long redevelopment. Published figures conflict across years (2011 sale vs later recap). Harbor will not pick a confidential or disputed number and present it as fact.

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The Standard, High Line — reported stake sale

The Standard, High Line · 338 keys · Independent / boutique

Financial press coverage of Standard Hotels capital events

Stake and platform sales around André Balazs / Standard Hotels were reported. Harbor does not invent a rooms-only price for the High Line house.

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Hotel 373 — Hersha disposition

Hotel 373 · 70 keys · Independent / boutique

Hersha Exhibit 99.1: $37.0 million for the 70-room Hotel 373. Midtown Manhattan boutique — not a Financial District Hampton PPK.

Hersha Hospitality Trust Exhibit 99.1, May 1, 2014 (April 30, 2014 close)

Hersha sold the 70-room Hotel 373 in midtown Manhattan on April 30, 2014 for $37.0 million. Harbor PPK is $37.0 million ÷ 70. Hersha rounded the same math to $529,000 per key. The same Exhibit 99.1 names the completed sale, the 70 rooms, and that hotel price. The paper names an offshore investment group, not a Harbor party — Harbor will not invent a desk. Filing names midtown Manhattan — Harbor will not invent a Times Square or Financial District lock. Hersha’s 5.2% economic capitalization rate and 17.3x Hotel EBITDA lines are Hersha’s narrative, not a second hotel price. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s November 2016 Residence Inn Framingham plus Residence Inn Norwood $47.0 million line stays combined. Hersha’s January 2017 Courtyard Alexandria plus Residence Inn Greenbelt $62.0 million line stays combined. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2018 Hampton Inn Financial District $32.4 million / 81 tape and not Hersha’s 2016 Hawthorn Suites Franklin $8.9 million / 100 tape. Older than the 2025–26 blotter cut.

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Duane Street Hotel — Hersha acquisition

Duane Street Hotel · 45 keys · Independent / boutique

Hersha Exhibit 99.1: $24.75 million for the 45-room Duane Street Hotel. Tribeca independent — not a Financial District Hampton PPK and not a midtown boutique PPK.

Hersha Hospitality Trust Exhibit 99.1, February 27, 2008 (January 2008 close)

Hersha acquired the 45-room Duane Street Hotel in the Tribeca section of New York City in January 2008 for $24.75 million. Harbor uses the first of January rather than inventing a closing day. Harbor PPK is $24.75 million ÷ 45. The same Exhibit 99.1 names January, the 45 rooms, and that hotel price. Use the $24.75 million hotel price, not the $2.0 million cash line, not the $15.0 million assumed debt, and not the $7.75 million OP-unit line. Seller unnamed. Filing names Tribeca — Harbor will not invent a Financial District or Seaport lock. Do not stitch a later 10-Q allocation. The same paper’s Nu Hotel line is a development-project purchase, not an operating-hotel close. The same paper’s November 2007 Fairfield Inn Mt. Laurel plus Hampton Inn Linden line stays combined. Later Duane Street $20 million and Blue Moon $30 million lines stay off as contracts without keys. Hilton Garden Inn Tribeca stays off as a development-loan conversion. Hotel Oceana stays off until a filing names keys with a hotel price. TownePlace Suites Sunnyvale stays off until one paper names a calendar month, a hotel price, and keys together. Parrot Key stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s February 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. Holiday Inn Express 29th Street stays off as a remaining-interest buyout. The May 5, 2011 paper’s 32 Pearl Street $28.3 million line names a hotel price without keys. Courtyard South Boston stays off as a mortgage-note purchase of a 50% joint venture. Hilton Garden Inn Glastonbury stays off as a remaining 52% joint-venture interest. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2014 Hotel 373 $37.0 million / 70 tape, not Hersha’s 2018 Hampton Inn Financial District $32.4 million / 81 tape, not Hersha’s 2013 Hyatt Union Square $105.0 million / 178 tape, and not Hersha’s 2010 Holiday Inn Wall Street $34.876 million / 113 tape. Older than the 2025–26 blotter cut.

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