Goldman Buying Battery Park Hotel?

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Goldman Sachs may be buying the Embassy Suites hotel in Battery Park, according to our friends at Curbed (whose powerful investigative journalism team learned about it by reading the Downtown Express). This has sparked all sorts of speculation about what Goldman plans to do with the hotel by people who don’t know that Goldman Sachs, and investment funds managed by Goldman, is already in the hotel business. And it may just be that someone at Goldman has figured out that owning a hotel near where the Freedom Tower will be built might not be such a bad investment.
Or, you know, maybe they just want to knock it down so they have a clear view of the Hudson waterfront and their New Jersey tower.
Goldman Entering 'Ugly' Downtown Hotel Biz [Curbed]

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