700 Eighth Avenue

700 8th Avenue

Highgate Hotels acquired full ownership of the Row NYC hotel at 700 Eighth Avenue in Hell’s Kitchen, Manhattan, from David Werner Real Estate Investments for $275 million. The transaction included Highgate assuming an existing $275 million loan. The 460,273-square-foot property, previously under a 99-year ground lease to Highgate and Rockpoint Group, is now owned outright by Highgate following the lease termination.

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