Hotel falls back into the hands of its owner , PB Capital . BP Capital will most likely sell the hotel privately after it takes over the hotel . It closed two years ago for renovations , and possible conversions into co-op apartments . Hotel was a base for a break - in by operatives of the Nixon re - election campaign .
Hotel falls back into the hands of its owner , PB Capital . BP Capital will most likely sell the hotel privately after it takes over the hotel . Hotel was a base for a break - in by operatives of the Nixon re - election campaign .