A New York billionaire has paid 100 million dollars to buy out the Sunset Tower co-owner. The Sunset Tower hotel in Hollywood now has a new partial owner. The hotel is a popular destination in Hollywood and is usually 85% full. The average room rates there are around $450 a night and go up even higher when the Oscars are around.

New York Billionaire Pays $100 Million to Buy Out Sunset Tower Co-Owner

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