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

2 comments:

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

    http://online.wsj.com/article/SB10001424052748704533904574546100468432782.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

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  2. Rothschild appointed to help sell Dubai World assets:

    http://www.telegraph.co.uk/finance/businesslatestnews/6673264/Rothschild-appointed-to-help-sell-Dubai-World-assets.html

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