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Standard Hotel For Sale

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2013_02_standardhotel.jpgThe owners of the Standard Hotel in the Meatpacking District are considering selling the building. Real estate experts think the sale could fetch upwards of $300,000,000, a sky high number that is definitely enhanced by the restaurant and nightlife operations that the Standard's operator Andre Balazs has installed. There is no word if a sale would lead to Balazs exiting, but one would imagine that the new owner would want to keep him and the Standard brand on the site. [Crain's]

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