High Life, High Fees. (cover story)
- Resource Type
- Article
- Authors
- Milburn, Robert
- Source
- Barron's; 9/29/2014, Vol. 94 Issue 39, p41-43, 3p
- Subject
- LUXURY hotels
HOME prices
REVENUE sharing (Corporations)
HOUSE buying
- Language
- ISSN
- 10778039
The article discusses the things to consider before buying luxury hotel residences. Topics covered include the special features and prices of the residential units at The Mark Hotel located in New York according to The Mark's general manager Olivier Lordonnois, the importance of carefully analyzing the residence's prices and services offered before buying, and the lawsuits with regards to the structure of hotel rental and revenue-sharing agreements.