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PIA’s Roosevelt Hotel: A billion-dollar dilemma

With its lease expiring in June, will Pakistan sell, lease, or hold onto the iconic New York property?

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Gaitty Ara Anis

Correspondent-USA

Gaitty Ara Anis is a seasoned multimedia journalist based in Washington, D.C., she specializes in digital content creation, including writing and video production. Currently, she represents Nukta as its correspondent in the USA. She has been previously associated with Voice of America, Dawn, CNBC, PTV World and Geo News over the past twenty years.

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Once a symbol of luxury, later repurposed as a refugee shelter, its fate now hangs in the balance. Following Trump’s push to end sanctuary city policies, New York is shutting down shelters like this one.

With its lease set to end this June, what’s next for Pakistan’s billion-dollar asset?

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