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New York's Plaza Hotel to go on sale next month: Bloomberg

Published 03/16/2016, 07:08 PM
© Reuters. A general view of the Plaza Hotel in the Manhattan borough of New York

(Reuters) - New York's Plaza Hotel is set to go on sale in an auction next month, Bloomberg reported on Wednesday.

David and Simon Reuben hold the mortgage on the five-star hotel and scheduled a foreclosure auction for April 26, Bloomberg said, citing a source.

For sale are the Plaza's hotel rooms, its restaurants and retail space. It's being sold in a package that includes the Dream Downtown hotel, the news agency reported.

© Reuters. A general view of the Plaza Hotel in the Manhattan borough of New York

Plaza Hotel could not immediately be reached for comment.

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