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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?
Mar 14, 2025
Mar 14, 2025
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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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