The Archdiocese of New York will sell the land beneath the luxury Lotte New York Palace hotel to the hotel’s owner for a colossal $490 million to fund a settlement with survivors of church sex abuse.
The NY Archdiocese sold land under the Palace Hotel for $490M, partly funding a $300M abuse survivors fund. Victim lawyers ...
The deal became public just days after Cardinal Timothy Dolan announced the archdiocese would establish a $300 million fund ...
The Christian Post on MSN
Archdiocese agrees to sell land under historic NYC luxury hotel for $490M to pay sex abuse victims
The Catholic Archdiocese of New York has agreed to sell the land it currently owns beneath the historic Lotte New York Palace ...
Yonhap News Agency on MSN
Lotte Hotel & Resorts acquires New York hotel site for US$490 mln
Lotte Hotel & Resorts, the hotel arm of South Korea's fifth-largest conglomerate Lotte Group, said Monday it has reached a ...
The Chosun Ilbo on MSN
Lotte acquires New York Palace Hotel land
Lotte announced on the 15th that it has acquired the land for the LOTTE New York Palace Hotel, previously owned by the New York Archdiocese. The land purchase amount is $490 million (approximately 700 ...
Lotte Group will acquire the site of the hotel Lotte New York Palace in Manhattan for $490 million as part of broader efforts ...
The White House has moved its UNGA operations to the Lotte New York Palace. The luxurious Lotte New York Palace Hotel replaces the historic Waldorf Astoria as favored hotel of the President of the ...
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