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Westin New York Grand Central — Host Hotels disposition
$302,000,000 · $390,181/key
Host closed the sale of the Westin New York Grand Central on January 9, 2019 for $302 million, including approximately $20 million of FF&E funds. Host’s release does not name the buyer or the key count. Trade press names 774 keys and Davidson Kempner. Upper-upscale Midtown box — not a Central Park luxury PPK.
Host Hotels & Resorts IR, January 10, 2019 (closed January 9)