Waldorf Astoria condos to hit an oversupplied market this fall

Faced with a soft condominium market and a tense political
atmosphere, Anbang Insurance Group is moving ahead with plans for
its luxury condos at the Waldorf Astoria, which are set to hit the
market this fall. The Beijing-based conglomerate, currently under
Chinese government control, has hired Douglas Elliman Real Estate
to sell the 375 apartments at the redeveloped hotel, the Wall
Street Journal reported. The brokerage is also working with
London-based Knight Frank Residential to […]

Source: FS – All – Real Estate News 2
Waldorf Astoria condos to hit an oversupplied market this fall