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Everyone in real estate had a chance to check out the renovated Waldorf Astoria at the REBNY annual gala last month. Now, they’ll have an opportunity to buy it. Dajia Insurance Group, a state-run Chinese firm, is planning on putting the historic Manhattan property up for sale, the Wall Street Journal reported. Eastdil Secured will be in charge of marketing the property when it likely goes up for sale next month, expected to ask for at least $1 billion. The full-block property on Park Avenue recently underwent a lengthy eight-year redevelopment. The renovation reduced the hotel portion of the property […]

This article originally appeared on The Real Deal. Click here to read the full story.

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