The investment firm Apollo Global Management Inc.
and hospitality investor Newbond Holdings have agreed to buy the Hilton Times Square for about $85 million, according to people familiar with the matter. The deal is expected to close toward the end of the summer, and the new owners plan to reopen the property in the fall, these people said.
Bad bet with Adam's in office
Stayed here a few times in the past. Glad it is coming back.
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