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Dubai buys NYC's Essex House
- United Arab Emirates: Sunday, September 11 - 2005 at 06:51
The Dubai Investment Group, a Dubai Government entity, has bought Essex House in New York City from Strategic Hotel Capital, and plans $50m in restoration work. Essex House comprises 501-room Westin and 104-room St Regis hotels, and 148 condominiums. Jumeirah will replace Starwood as operator of Essex House.
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Peter J. CooperSunday, September 11 - 2005 at 06:51 UAE local time (GMT+4)
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