Hilton to Sell NYC’s Waldorf Astoria to China’s Anbang Insurance for $1.95B

By and Nadja Brandt | October 6, 2014

  • October 6, 2014 at 2:20 pm
    GenXUnderwriter says:
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    Not sure that this is such a good investment for the Chinese if they plan to let Hilton continue to manage the property. I stayed there in July and was shocked at the state of disrepair in my room. It would not have taken much to make it better, just basic things – a new lampshade, a new desk chair, room service menu and perhaps some sheets that didn’t have holes in them. Housekeeping probably needs to do some staff cleaning.

    • October 6, 2014 at 3:01 pm
      Don't tell them, GenX says:
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      At least let them find out on their own. Then we can buy MORE stuff from China!

      • October 6, 2014 at 3:51 pm
        Agent says:
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        Japan was into buying US property back when they were flush with money and bought up a lot of Los Angeles property and the famed Pebble Beach golf links. When they got into financial difficulty, they rapidly sold off what they bought at a big discount.

  • October 6, 2014 at 2:22 pm
    ExciteBiker says:
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    “the most unique asset with the most unique location”

    The Oxford dictionary definition of ‘unique’ is “being the only one of its kind.”

    How can something be ‘very one of a kind’ or ‘the most one of a kind?’

    • October 6, 2014 at 4:45 pm
      nomesaneman says:
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      I’m with you, EB. Like nails on a chalkboard. Right up there with “nucular” and “should of”. I, personally, get flustrated at the end of the day.

  • October 6, 2014 at 5:46 pm
    C'mon guys... says:
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    He’s a senior vice president. I’m very uniquely sure he should of known how to speak…….



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