|
|
Article: Loews Hotels.(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- February 9, 2000
CopyrightCOPYRIGHT 2000 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Loews Hotels, as part of the chain's strategy to build a portfolio of unique upscale hotels, has sold the Howard Johnson Hotel and Days Hotel in New York City to Hampshire Hotels. Sonnenblick Goldman Company, acting as the exclusive advisor to Loews Hotels, arranged the sale.
The hotels, which are both located on Eighth Avenue in the Theater District of Manhattan, were built by Loews in 1962. The Howard Johnson Hotel contains 300 rooms and is located on Eighth Avenue and 51 Street. The 367-room Days Hotel is located on Eighth Avenue and 49th Street. Both hotels are limited service properties and have been undergoing renovations since 1996.
"Loews Hotels ...