Manhattan

1MDB Watch

1MDB-linked Manhattan penthouse now on sale for US$5.9 mil less

SINGAPORE (Oct 9): A penthouse in Manhattan, New York, is now back on sale for US$5.9 million ($8.05 million) less than what its owners allegedly bought it for with funds related to Malaysia's 1Malaysia Development Berhad (1MDB) scandal. 

Ascott Residence Trust acquires Doubletree by Hilton hotel in Manhattan for $148 mil

SINGAPORE (May 31): Ascott Residence Trust (ART) is acquiring DoubleTree by Hilton Hotel New York – Times Square South for US$106 million ($148.4 million), a 224-unit freehold property located on 36th Street in Midtown Manhattan.
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