A Saudi royal might be buying the Plaza hotel for $352 million

Shutterstock/Sean Pavone Could the Plaza Hotel finally be getting a new owner? After a canceled foreclosure auction this spring, an unidentified member of the Saudi royal family and London-based investment firm 3 Associates are in talks to buy the iconic property for $352 million, the New York Post reported. The joint venture is also looking to buy London’s Grosvenor House for $882 million and the Dream Downtown Hotel in Chelsea for $235 million. The Plaza is owned by India’s Sahara India P...