Posts By: Jennifer Taylor

Would you pay $2 Billion dollars for the Waldorf Astoria in NYC?

http://www.businessinsider.com/why-chinas-anbang-is-buying-the-waldorf-astoria-2014-10 This is an industry record for a transaction deal according to the Wall Street Journal, the sale price for each room is roughly $1.4 million.  Believe it or not, this is lower than the $570 million sale of the Plaza to the Indian Sahara group in 2012.  That sale was able to achieve roughly $2 million…

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