Alexander Rovt planning to build two NYC hotels

Fertilizer billionaire Alexander Rovt wants to build two four-star hotels in New York – one in Manhattan and one in Brooklyn. The Ukrainain-born magnate told The Real Deal he has set aside up to $250 million for the two projects, although he hasn’t identified any specific sites or partners yet. “If you build three- or four-star hotels, you will always have customers,” Rovt said, dismissing the notion that New York’s hospitality sector is nearing a ... [more]