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EWM Number of the Day: 10/7/2014

By October 7, 2014No Comments

EWM Number of the Day: 10/7/2014

$1.95 billion

The price at which Hilton is selling its flagship hotel, the historic Waldorf Astoria in Manhattan, to a Chinese company—the steepest price tag ever for a U.S. hotel, brokers say.

(Does this remind you of the Japanese scooping up Manhattan real estate?)

(Source: WSJ)