NEW YORK CITY-Host Hotels & Resorts Inc., which acquired the old New York Helmsley Hotel nearly 18 months ago for $313.5 million, has recently completed the renovation and conversion of the 774-room hotel into The Westin New York Grand Central. The $75-million makeover included the guestrooms, the 3,000-square-foot fitness studio and the 12,000-square-foot meeting space.
The new Westin New York Grand Central hotel, located at 212 E. 42nd St., is being managed by Starwood Hotels & Resorts Worldwide Inc. For the full story, go to Commercial Property Executive .
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