March 16, 2016 / 10:58 PM / 2 years ago

New York's Plaza Hotel to go on sale next month: Bloomberg

(Reuters) - New York’s Plaza Hotel is set to go on sale in an auction next month, Bloomberg reported on Wednesday.

The Plaza Hotel is seen in midtown Manhattan in New York in this August 19, 2015 file photo. REUTERS/Brendan McDermid/Files

David and Simon Reuben hold the mortgage on the five-star hotel and scheduled a foreclosure auction for April 26, Bloomberg said, citing a source.

For sale are the Plaza’s hotel rooms, its restaurants and retail space. It’s being sold in a package that includes the Dream Downtown hotel, the news agency reported.

Plaza Hotel could not immediately be reached for comment.

Reporting by Vishal Sridhar in Bengaluru

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