![]() ![]() The MOHG also provides hotel services to 65 condo apartments in the north tower of Deutsche Bank Center, which was previously known as Time Warner Center. A hotel rep confirmed its ownership structure but didn’t comment on the sale offering.Īn investment-sale source who is not involved at the Mandarin Oriental speculated that in today’s distressed market, a sale could fetch as little as $100 million. Jeffrey Davis, senior managing director of JLL’s Hotels and Hospitality Group, did not respond to e-mails. The hush-hush offering is being handled by JLL. Mandarin Oriental Hotel Group (MOHG), which owns some but not all of the hotels bearing the Mandarin Oriental flag, has a 25 percent interest and manages the Manhattan property under a long-term contract. The property is owned by an entity known as IW Columbus Center LLP, of which an Investment Corporation of Dubai subsidiary is the majority partner. The offering for the 248-rooms-and-suites hotel towering over Central Park comes as the state of the city’s hotel industry has been likened to a “depression” by the American Hotel and Lodging Association.Īlthough the Mandarin Oriental reopened on April 1, it’s been staggered like other leading hotels by the lack of high-spending visitors and business travelers from abroad. The Mandarin Oriental Hotel at Columbus Circle, one of the city’s premier luxury lodging establishments, is quietly up for sale, Realty Check has learned. Restored 19th Century townhouses, glass office in Meatpacking District set for reveal West End Labs signs first tenant in Graviton Bioscience for new 400K-square-foot life sciences building GM Building adds new Savoy Club wellness center for tech-loving tenants Maje, Sandro latest luxury brands to score space in Meatpacking District It is no surprise that the standard of living offered here have yet to find a match anywhere else in New York City.Is NYC really doomed? Flawed rent and tax forecasts fester wild 'apocalypse' predictions Private elevators, the acclaimed spa and steam room, massage facilities, maid and concierge service-these are just a few of the several amenities that are offered at Mandarin Oriental. The fact that 80 Columbus Circle is also home to the Mandarin Oriental Hotel means that residents here essentially live here as hotel guests, with each and every one of their needs and demands catered to. The beautiful hardwood floors, incredibly high ceilings and open floor layouts of the residences at Mandarin Oriental have been carefully and meticulously designed, with accents and finishes that scream luxury. ![]() Floor-to-ceiling windows make sure you get panoramic views of Manhattan, and they make sure that sunlight streams through your home lavishly. Spectacular is perhaps the best word to describe the residences at Mandarin Oriental. There is a sense of awe and astonishment when one takes in the views of the park from Mandarin Oriental, a feeling that is hard to mimic-and this sense of marvel continues into the beautiful residences at this incredibly famous address. It may not be an exaggeration to say that there is no better view of Central Park than from the luxurious exclusive condominiums at Mandarin Oriental, at 80 Columbus Circle on the Upper West Side. ![]()
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