LOTTE in New York Palace Hotel deal Steve ShellumJune 11, 2015June 14, 2015Hospitality Industry News, Hotel DevelopmentNew York-based real estate investment and management firm Northwood Investors has entered into a contract to sell The New York Palace Hotel to Korea?s LOTTE Hotels & Resorts. Tags:KoreaLotteNew York based previousSt Regis to debut in India with Mumbai rebrandingnextHilton announces two in Dubai