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RE Rumor Mill: Starwood, Lexin, Kentile

By Kaitlin Ugolik ( June 13, 2014, 1:37 PM EDT) -- Starwood Capital Group is reportedly searching for potential bidders for the flagship Baccarat Hotel. The New York Post reported that Starwood has been reaching out to investors with hopes of selling the hotel for a record-setting price of about $2 million per room, or about $228 million. The residential units above the hotel are reportedly already being sold, with the penthouse going for $60 million. Starwood would continue to manage the hotel at 20 W. 53rd St. after a sale, according to the Post....

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