News and Announcements

PPHE Hotel sells NYC development site for $33m

By Benjamin Chiou

Date: Wednesday 18 Feb 2026

(Sharecast News) - Hotel and resorts group PPHE Hotel has sold a longstanding development site in Manhattan to an unnamed US real estate developer for $33.5m.
The company, formerly known as Park Plaza Hotels Europe, first purchased the asset near Hudson Yards in 2019 with a view to developing its first...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page