The owners of New York's Standard Hotel in the Meatpacking district are thinking about selling the property in a deal that could be worth $300 million, according to Crain's New York Business.
The hotel is reportedly being quietly shopped around by Dune Capital Management and Greenfield Partners who control a majority stake in the property.
The Standard, which sits above the High Line park on NYC's far west side, has been a popular venue for celebrities, nightlife, and foodie culture in NYC since opening in 2009. And its floor-to-ceiling windows, which overlook the High Line, have caused a stir.
Anyone who is thinking of buying the hotel would have a true party mecca on his hands.
The Standard Hotel is in a prime real estate location in New York's trendy Meatpacking district.
Source: Standard Hotels
It's also stands right over the High Line park, a major tourist destination in Manhattan.
Source: Standard Hotels
The modern interior was a part of the reason its 2009 opening was such a success.
Source: Vanity Fair
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