Chinese Investment NYC | Chinese Real Estate Buyers (2024)

Despite a $13.6 billion bid by Marriott International, some industry insiders say Anbang Insurance Group may have enough capital to lock down atakeover offer for hospitality giantStarwood Hotels & Resorts.

If Anbang is successful, iconic buildingssuch as the W, Sheraton, Westin and St. Regis wouldjoina growing number of New York City properties being snapped upby Chinese investors. The list includesthe iconic Waldorf Astoriahotel and the Baccarat hotel.

Watch the video abovetosee some more trophy properties in New York City that were bought by Chinese firms.

For more videos, visit The Real Deal’s YouTube page.

Chinese Investment NYC | Chinese Real Estate Buyers (2024)
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