Hyundai scoops up former hotsheet hotel for $22.5M

Manhattan’s last hourly hotel finally has a buyer, with all signs pointing towards the historic venue morphing into something decidedly less intriguing: a car dealership.

Hyundai Motor America scooped up the Liberty Inn at 500 West 14th Street for $22.5 million on July 18, securing the highest known sale price per square foot in the trendy Meatpacking District for sellers Edward Raboy and Richard Loring Moss. They had listed the property through the entity Duanco Inc.

Leave a Reply

Your email address will not be published. Required fields are marked *


Stay in the know

Thanks for subscribing!