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US: Real estate moguls Rotem Rosen and Alex Sapir, in partnership with Buddha Bar founder owner Gerard Guez have bought the Mondrian Soho hotel for $205 million.
US: Real estate moguls Rotem Rosen and Alex Sapir, in partnership with Buddha Bar founder owner Gerard Guez have bought the Mondrian Soho hotel for $205 million.
According to The New York Post, the partners bought the Mondrian from a financial institution that foreclosed on the five-star boutique hotel, which was part of the Morgans Hotel Group.
The Mondrian will continue trading as a luxury boutique hotel but under a new name.
The 270-room hotel features a restaurant, roof terrace, a banquet space and a nightclub.
Rosen and Sapir also own the Zuma restaurant brand in the US.
