Property experts in New York say the three-year lease Pakistan International Airlines (PIA) — which owns the hotel that takes up the full city block bounded by Madison and Vanderbilt avenues ...

In May 2023, PIA leased the Roosevelt Hotel to the New York City Health and Hospitals Corporation as part of the airline’s strategy to monetize assets and generate revenue through hospitality ...

New York City Mayor Eric Adams announced ... and Relief Center at the renowned Roosevelt Hotel, owned by Pakistan International Airlines (PIA). The decision marks the end of the city’s $220 ...

The government has assured the International Monetary Fund of selling the Pakistan International Airlines by July, but the future of Roosevelt Hotel in New York has yet to be undecided amidst the US ...

New York City Mayor Eric Adams ... In 1979, an American real estate developer Paul Milstein leased the hotel to PIA. In 2000, PIA and Saudi Prince Faisal bin Khalid bought the hotel, and PIA ...

The CCoP has reviewed the privatisation progress, urging fast-tracking Roosevelt Hotel case. The CCoP meeting was held with ...

ISLAMABAD (Web Desk) - Deputy Prime Minister Ishaq Dar has asked authorities to expedite privatisation of Pakistan-owned ...

Pakistan has committed to the International Monetary Fund that it will sell Pakistan International Airlines by July, while ...

The committee has recommended privatising the valuable Roosevelt Hotel in New York through open bidding after Saudi Arabia failed to show formal interest in acquiring the PIA-owned property.