Bloomberg Blackstone has agreed to pay $175 million, or $599,315/room, for the 292-room Kimpton Hotel Eventi at 851 6th Ave. in midtown Manhattan. The investment manager is buying the property, between 29th and 30th streets, from DLJ Real Estate Capital Partners of New York. It includes three restaurants, 30,000 square feet of meeting space and […]

The post Blackstone to Pay $175Mln for 292-Room Hotel in Midtown Manhattan appeared first on Commercial Real Estate Direct.