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Famed Plaza Hotel for sale

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The Indian owners of the Plaza Hotel hired a broker to sell the famed New York City landmark.

Lucknow, India-based conglomerate Sahara Group, the hotel's majority owner, hired JLL Hotels and Hospitality Group to find a buyer.

On a per-room basis, the 110-year-old hotel could bring in more than $500 million, according to Dow Jones Newswires.

Read more from Dow Jones Newswires.

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