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Blackstone sells London NYC to Abu Dhabi fund for $382M

The Abu Dhabi Investment Authority, the nation’s sovereign wealth fund, has added to its portf

The London NYC Hotel at 151 West 54th Street in Midtown (inset: The ADIA’s Sheikh Khalifa bin Zayed Al Nahyan and Blackstone’s Jonathan Gray) The Abu Dhabi Investment Authority, the nation’s sovereign wealth fund, has added to its portfolio of Manhattan hotels. (more…)

Source: The Real Deal