An anonymous buyer has offered $1 billion to purchase the Mark Hotel on Manhattan’s Upper East Side from Izak Senbahar’s Alexico Group, though it’s unclear if the property is for sale. The five-star hotel at 25 East 77th Street features about 150 rooms, including a $45,000-per-night suite and Jean-Georges’ restaurant. Alexico recently refinanced the property with a $335 million loan. If sold, the deal would mark a milestone for New York’s hotel market, far surpassing last year’s top hotel sale: the $289 million Thompson Central Park Hotel purchase by Gencom.
25 East 77th Street
