Archive for January, 2011
Starwood Capital Buys 1414 Ave of the Americas for Hotel Conversion
In the last few hours my email inbox has been bombarded with news that Barry Sternlicht’s Starwood Capital has purchased 1414 Ave of the Americas in Manhattan for a conversion into a hotel. This is pretty exciting news because its one of the first purchases that Starwood has made in years on a property to [...]
Revel AC Apparently Revived – By NJ’s Governor Christie
Today’s NY Post has a story about NJ’s Governor Christie successfully persuading Morgan Stanley to give it another shot at funding the unfinished Revel project on the boardwalk in Atlantic City. Morgan Stanley — after failing to raise money for Revel last month — is launching a new $1.15 billion debt offering so Revel can [...]
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