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TryingToBeGood
reddthat.com
TryingToBeGood@reddthat.comJoined: 2026-03-31 |
The Wall Street Journal reported BDT & MSD Partners, a merchant bank and the current leaseholder, paid $80 million for the building and the land at 1100 Pennsylvania Ave. NW, and is already in discussions to sell the property for as much as $400 million. GSA said total taxpayer revenues from the property over the last 10 years, including the current sale, are expected to exceed $110 million. “It remains business as usual at Waldorf Astoria Washington DC. Our team members continue to welcome guests with our signature hospitality,” a Hilton spokesperson told WTOP. |
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