Barry Sternlicht’s Starwood, Intercontinental Hotels, held early deal talks – FT

Financial Times reported on Thursday the InterContinental Hotels (IHG.L) and rival Starwood Hotels (HOT.N) have held early deal talks. The informal talks are very tentative and Starwood may choose another suitor More...

Houston Rockets Owner leslie Alexander Buys Midtown Manhattan Condo for $20 Million

– – Well it looks like the owner of the NBA’s Houston Rockets, leslie Alexander, has found something to buy with the $50 million which he hopes to eventually get for his Gramercy apartment More...

Chinese Buy Manhattan Hotel Barry Sternlicht Built – Cost Per Room: $18, 000 a Night

Beijing-based Sunshine Insurance announced on Monday that it is planning to buy the Baccarat Hotel in Manhattan for $230 million from Starwood Capital Group LLC. The Wall Street Journal noted on Friday that More...