Login

Howard Hughes Sells Stake in New York City Hotel

Developer Hit by Pandemic in Second Quarter

Howard Hughes has sold its stake in the Mr. C Seaport Hotel to its joint venture partner as it continues to divest itself from its noncore assets. (CoStar)
Howard Hughes has sold its stake in the Mr. C Seaport Hotel to its joint venture partner as it continues to divest itself from its noncore assets. (CoStar)

Howard Hughes Corp., a Dallas-based real estate firm known for developing master-planned communities, posted a second-quarter earnings loss as its retail and hotel properties were hit hard by the ongoing pandemic and it continues plans to trim expenses and shed $2 billion in noncore real estate holdings.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In