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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 […]


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