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Apollo Bets on Times Square Comeback With $85 Million Hilton Hotel Purchase

New York Property Goes Under Contract With Possible Fall Reopening
A deal to buy the former Hilton Times Square in Manhattan brings new investors into a market rebounding strongly from the pandemic. (CoStar)
A deal to buy the former Hilton Times Square in Manhattan brings new investors into a market rebounding strongly from the pandemic. (CoStar)

The 476-room former Hilton Times Square, shut for two years as the pandemic crushed tourism in New York City's Times Square, is headed for a reopening this fall under new ownership.

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