Industry Update
Supplier News12 March 2012

Domain Properties Sells The Avalon Hotel NYC

Upscale Avalon Hotel New York City Sold - Another Hotel Represented by Domain Properties

share this article
1 min
Domain Properties NYC

Domain Properties announced today that the firm has closed on the sale of the Avalon, midtown luxury hotel located at 16 West 32nd Street New York, NY 10016. Haim Yagen, Domain's principal represented seller and buyer.

The upscale Four star, 100 large rooms, 12-story, 71,250-square-feet building is a unique property in a prime midtown location. The property was managed by Vincci Hotel Management prior to the acquisition.

Domain Properties has been actively engaged in representation of Hotel Portfolios for Sellers and Buyers of OFF-MARKET properties including Operating Hotels, Hotel Development Sites and Hotel Conversion Sites, including Luxury Hotels, Trophy Hotels, Upscale Hotels, Select Hotels and Boutique Hotels in New York City and beyond.

Domain Properties continues to represent Private Investment Entities, Pension Funds, REIT's, Hotel Management Companies, Asset Management Firms and Sovereign Funds in search of equity rich quality hotel properties in NYC.

To have Domain Properties represent your Hotel or Hotel portfolio or For complete OFF-MARKET listings of hotels for sale in New York City, please go to www.Domain-Properties.com. For a complimentary valuation of your hotel, email us [email protected] call 212-741-9700.

Source

View source

Contact
Haim Yagen
President
Phone: 212-741-9700
Send email
Latest News
Advertisements