Developer Steve Witkoff is hitting the brakes on plans to Convert The Park Lane Hotel into luxury condominiums. Instead, the developer and his partners, including Harry Macklowe and Douglas ...

Qatar’s sovereign wealth fund bought the Park Lane Hotel overlooking Central Park — once called the “world’s greatest site for development” — as the Middle Eastern nation continues its ...

The Qatar Investment Authority paid $622.9M to acquire the Park Lane Hotel, a 610-room, 442K SF property at 38 Central Park S, according to city property records. PincusCo first reported the ...