Host Hotels venture to buy W Union Square hotel

07/15/2010 | Reuters

A new venture being led by Host Hotels & Resorts is in a deal to buy the W Union Square hotel in New York. The venture includes Istithmar World, which bought the 270-room hotel in 2006 for about $285 million. And the hotel is being sold by the current owner, LEM Mezzanine, for an undisclosed price.

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