August 1, 2016 Hotel
The hospitality arm of Qatar’s Alduwaliya Asset Management picked up a Garment District hotel for $167 million from a group of owners led by Rockwood Capital.
The Doha-based Alduwaliya Hospitality Company paid $167.1 million to buy the 293-key Hilton Homewood Suites at 312 West 37th Street, property records filed with the city Thursday show. PM Hotel Group will continue to manage the hotel.
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