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...McConnell had a lengthy absence from the Senate earlier this year after suffering a fall at an event at the Waldorf Astoria hotel in Washington. He was hospitalised and treated for a concussion....
...Doubles at Airelles Château de Versailles, Le Grand Contrôle, in the palace gardens, cost from €2,308 (airelles.com); or try the Waldorf Astoria Versailles (doubles from about €290; hilton.com)....
...It has also morphed into a fundraising bonanza for private equity groups and a sales opportunity for their bankers, who fought fiercely for tables at the Beverly Hilton and Waldorf Astoria to host meetings...
...Meanwhile, Anbang-owned Waldorf Astoria Hotel in New York, which is not part of Strategic, remains shuttered while part of it is converted to apartments, even as that part of the real estate market in the...
...Manhattan’s flagging market for luxury homes is being put to the ultimate test, with the sale of apartments in the Waldorf Astoria hotel, possibly New York’s most glamorous address....
...The refurbishment of another Anbang-owned asset, the Waldorf Astoria in New York, has come to a halt because of the pandemic....
...(NYT) For sale: an address in the Waldorf Astoria Manhattan’s flagging market for luxury homes is being put to the ultimate test: the Waldorf Astoria hotel, possibly New York’s most glamorous address....
...Anbang had become one of China’s most acquisitive companies, building a sprawling portfolio of banking, insurance and property assets ranging from the Waldorf Astoria in New York to insurance assets in South...
...In 2014 he bought New York’s historic Waldorf Astoria hotel for almost $2bn. In a matter of months in 2015, he bought Dutch insurer Vivat and a large stake in South Korea’s Tongyang Life....
...Nor is it clear where Anbang will get the money to complete the promised multibillion-dollar renovation of Wu’s most famous acquisition, the Waldorf Astoria, which he bought in 2015 for $1.95bn....
...The bailout put the Waldorf Astoria under the control of China’s ministry of finance....
...They bid up landmark properties such as the Waldorf Astoria hotel in 2014 until capital controls imposed by Beijing abruptly dried up the trade and have since turned them into net sellers....
...Management of Strategic has also been hit hard....
...Anbang, which still owns the historic Waldorf Astoria hotel in New York, is slowly disposing of many of the assets it purchased overseas....
...A few workmen milled around the Waldorf Astoria’s perimeter. “Basically, the lights are out,” a developer said....
...His other properties include one floor of the Waldorf Astoria in Chicago and he separately set the record for the most expensive home in the city when he bought a $59m four-level penthouse....
...Anbang gets a makeover after government takeover When Anbang Insurance paid $1.95bn for New York’s fabled Waldorf Astoria hotel in late 2014, it became the poster child for China’s high-flying private financiers...
...The tycoon scooped up the historic Waldorf Astoria in 2014 for about $2bn but now Wu is in jail (DD readers will be familiar with this tale) and his prized piece of New York real estate is being sold off...
...The government group that took control of the sprawling business has said it plans to dispose of some assets and also bring new investors into the company, which still owns the Waldorf Astoria New York hotel...
...Astoria hotel in New York....
...For example, whether it was a Belgian financial institution or the Waldorf Astoria Hotel, Mr Wu paid at least 40 per cent more than any other interested party, these people added....
...Anbang gained international prominence with its $2bn purchase of the Waldorf Astoria and a $5.5bn hotels deal with Blackstone Group....
...Hilton’s growth came partly as a result of profitable sales within its portfolio such as the disposal of the Waldorf Astoria New York hotel in 2014 for almost $2bn, a record-setting price, to China’s Anbang...
...Anbang’s big deals October 2014: Pays $1.95bn for New York’s Waldorf Astoria March 2016: Agrees to buy Strategic Hotels & Resorts from Blackstone for $6.5bn. Portfolio includes 16 luxury US hotels....
...The deal that catapulted Wu to international fame, the 2014 purchase of the Waldorf Astoria hotel in New York for $1.95bn — and a 100-year management contract to Hilton, its former owner — is in trouble....
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