HotelHinge · The Hotel Census
Who Owns Lotte New York Palace?
Quick answer: According to the most recent public record, Lotte New York Palace was reported to have been acquired by Lotte for $490 million on December 16, 2025, per Hotel Dive.
Lotte New York Palace is a hotel in Manhattan, New York. A hotel is an operating business wrapped in real estate, so the brand on the sign, the company that manages it, and the party that owns the building are usually three different entities. The owner that matters for a sale, a loan, or an approach is the fee owner recorded in the public record.
Ownership on the public record
The table below is the most recent ownership-changing transaction HotelHinge has on record for this property, with the source it comes from. Each figure is dated; ownership can change as new deeds are recorded.
| Most recent sale on record | December 16, 2025 |
| Sale price | $490 million |
| Buyer (owner of record) | Lotte |
| Seller | Archdiocese of New York |
| Record type | Reported by named trade press |
| Source | Hotel Dive |
About Lotte New York Palace
| Location | 455 Madison Avenue, Manhattan, NY |
| County | New York County |
| Rooms | 733 |
| Year built | 1980 |
| Status | Operating |
Physical characteristics are compiled from public assessor and other public sources; blanks are left honest ("-") rather than guessed. HotelHinge publishes no ratings, reviews, or photos.
New York market context
Lotte New York Palace is one of 3,433 hotels on record in New York, part of 46,101 U.S. hotels across 51 markets (the 50 states plus the District of Columbia) in HotelHinge's property-first census. Each carries its owner, transaction history, and, where applicable, REIT attribution and CMBS debt, all tied to public sources.
For the full picture of who is buying, selling, and financing hotels in this market, see New York hotel statistics and the free HotelHinge Research reports.
Frequently asked questions
Who owns Lotte New York Palace?
The most recent reported transaction shows Lotte New York Palace was acquired by Lotte for $490 million on December 16, 2025, per Hotel Dive. That buyer is the reported owner as of that deal. Ownership can change, so HotelHinge always ties the owner to the dated public record or report it comes from.
How much did Lotte New York Palace sell for?
Its most recent reported sale was $490 million, on December 16, 2025, to Lotte, per Hotel Dive.
Is hotel ownership public record?
Yes. The transfer of real estate is recorded at the county recorder or register of deeds, the tax assessment is public at the county assessor, and the owning company is registered with the secretary of state. The legal owner of a hotel is therefore public, though the individuals behind a holding company are not always disclosed.
Can I cite this ownership information for Lotte New York Palace?
Yes. This page is free to cite. Please attribute it to HotelHinge (The Hotel Census) and link to the original page. Each fact is dated and linked to its public source.
Disclaimer, sourcing, and citation
About this page. HotelHinge is a U.S. hotel property and ownership research service operated by TrueNote, LLC, a Delaware limited liability company doing business as HotelHinge. This page is published for general informational purposes only and is not legal, tax, or investment advice.
How we know, and whose data it is. The ownership and transaction facts on this page are drawn from public records (county and municipal deed and assessor filings) or from named trade-press reporting, each linked above to its source. HotelHinge is a proprietary compilation: the underlying facts are public, and the original selection, matching, and arrangement into a property-level record are our own work. Ownership can change, and the public record accrues on a lag; treat each fact as of the date shown.
What we do not publish. HotelHinge shows no ratings, reviews, or photos, and publishes no RevPAR, ADR, occupancy, or cap-rate figures of its own. The named owner is the party recorded or reported for the transaction shown; it is not necessarily the operator or the brand, which are usually separate parties.
No warranty; no liability. This page is provided "as is," without any warranty of accuracy, completeness, or timeliness. To the fullest extent permitted by law, HotelHinge and TrueNote, LLC disclaim all liability for any loss or decision made in reliance on it.
Citation. You are welcome to cite this page. Please attribute it to HotelHinge (The Hotel Census) and link to the original. If you believe something here is inaccurate, email info@hotelhinge.com and we will review the record.