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Four Seasons New York May Be Close To Default

Feb 11, 2010 6:19 PM

From Crain’s New York Business:
Beanie Baby Tycoon Has Luxury Property Up For Sale
Even multi-billionaires like Ty Warner are not immune to the latest economic conditions. Mr. Warner, who made his fortune manufacturing Beanie Babies, owns the Four Seasons Hotel New York—but maybe not for much longer. He is in negotiations to sell the posh property to a group of investors, according to several news reports. Click here for the full story.

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