X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY—Maefield Development has closed on its $540 million purchase of the leasehold interest in the DoubleTree Suites by Hilton Hotel New York City-Times Square—located at 1568 Broadway—from Sunstone Hotel Investors. The acquisition is part of a planned redevelopment of the 468-room property into a cultural, entertainment, retail and hospitality destination.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.