Starwood hopes to sell its Baccarat hotel in Manhattan for US$230m
POSTED 18 Jun 2014. BY Helen Andrews

Starwood Capital Group hopes to sell the hotel section of its Baccarat Hotel and
Residence on New York's Manhattan Island for as much as US$230m
(€170m, £136m) – setting the city record at US$2m (€1.5m, £1,2m) for
each of its 114-bedrooms, according to the New York Post.
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| Bob Rogers hands BRC to long-serving leadership team |
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| Experience design company, BRC Imagination Arts, has completed a transition that sees founder
Bob Rogers pass ownership of the business to four long-serving senior executives, while
remaining actively involved with the company. |
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