Roosevelt Hotel Redevelopment
Sector: Commercial • Location: New York City, New York, United States
Source: Prop News Time
Pakistan plans to redevelop its century-old Roosevelt Hotel in New York City, a 1,000-room property acquired in 2000 and closed in 2020. The redevelopment aims to convert the property for residential and office use, targeting a valuation of at least USD 1 billion. The project is part of a USD 7 billion privatization push by the Pakistani government, which has approved a joint venture model to reta
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Pakistan plans to redevelop its century-old Roosevelt Hotel in New York City, a 1,000-room property acquired in 2000 and closed in 2020. The redevelopment aims to convert the property for residential and office use, targeting a valuation of at least USD 1 billion. The project is part of a USD 7 billion privatization push by the Pakistani government, which has approved a joint venture model to retain equity ownership. The redevelopment is expected to take 4-5 years, with an initial payment of USD 100 million expected by June 2026. Jones Lang LaSalle (JLL) will manage the redevelopment process. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |