New York's Plaza Hotel Could Be Sold To The Sultan Of Brunei Despite Anti-Gay Controversy: Reports
The country is up for sale to the highest bidder, all about $$$$$. The hell with the people it seems!
http://www.huffingtonpost.com/2014/08/18/plaza-hotel-sultan-of-brunei-_n_5688111.html?ir=Gay%20Voices&utm_campaign=081814&utm_medium=email&utm_source=Alert-gay-voices&utm_content=Title
One of New York's most iconic landmarks could soon be under controversial new ownership.
The Wall Street Journal is reporting that the Sultan of Brunei, Hassanal Bolkiah, has offered to pay about $2 billion to acquire New York's Plaza Hotel, along with London's Grosvenor House and the Dream Hotel in lower Manhattan.
The publication cites an investment vehicle affiliated with Brunei as the source of the information, and notes that the offer is just one among "a handful" of prospective buyers.
The sultan has faced a barrage of criticism in recent months for his nation's controversial new penal code, which took effect on April 22 and includes death by stoning as a punishment for same-sex acts.
Many protests have targeted the Dorchester Collection, a Brunei-owned luxury hotel operator whose U.S. properties include the Hotel Bel-Air and the Beverly Hills Hotel, in response to the news.