Sunday, November 29, 2009

Dubai World's New York City Assets

Among the assets held by Dubai World that may end up on the auction block, as a result of Dubai's financial crisis, are these New York City based trophies:

Barney's Department store

The Jumeirah Essex House, a 43-story luxury hotel on Central Park South

The Knickerbocker Hotel in Times Square on the southeast corner of 42 Street and Broadway

The New York W hotel

The New York Mandarin Oriental hotel


  1. Ron Burkle of private equity firm Yucaipa, where Bill Clinton served as adviser, increased its stake in Barney's.

  2. Rothschild appointed to help sell Dubai World assets: