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Blackstone Sells Midtown’s London Hotel to Abu Dhabi Fund For $382M

Just a month after news broke about Blackstone Group’s plan to buy Stuyvesant Town-Peter Cooper Village for $5.3 billion, The private equity firm has sold the London Hotel in Midtown to sovereign wealth fund for $382 million to Abu Dhabi Investment Authority. The sale of the 54-story, 563-key property at…

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