Jailed Indian tycoon tries to sell New York Plaza | cnbc.com

It's hardly the $30,000 a night royal suite, but after five months in India's biggest jail, the owner of the New York Plaza and London's Grosvenor House is thrilled to be able to use a modest office as he tries to sell the iconic hotels. Indian tycoon Subrata Roy is putting up the two trophy properties and another luxury New York hotel for sale to raise $1.