New York's Plaza Hotel to go on sale next month: Bloomberg | Reuters

New York's Plaza Hotel is set to go on sale in an auction next month, Bloomberg reported on Wednesday.

David and Simon Reuben hold the mortgage on the five-star hotel and scheduled a foreclosure auction for April 26, Bloomberg said, citing a source.

For sale are the Plaza's hotel rooms, its restaurants and retail space. It's being sold in a package that includes the Dream Downtown hotel, the news agency reported.

Plaza Hotel could not immediately be reached for comment.

(Reporting by Vishal Sridhar in Bengaluru)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Published Date: Mar 17, 2016 06:15 am | Updated Date: Mar 17, 2016 06:15 am

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