Lotte Corporation
(Lotte Hotels and Resorts, Lotte, Hotel Lotte Co., Lotte Group, Lotte Hotels & Resorts)
LOTTE World Tower, 300 Olympic-ro, Songpa-gu, Seoul 05551, Korea
People:
Lotte Corporation NYC portfolio
$479.3 million -hotel 90%, retail 9%; Manhattan 100%*
462th largest portfolio by dollar value
866,090 sqft – hotel 96%, retail 3%; Manhattan 100%
548th largest by SF
3 properties – Manhattan 100%
2696th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
Lotte Corporation is a large investment conglomerate based in Korea.
Company Activity past 24 months:
Buyer company: 1 for $491.1 million
Recent activity as company:
• Archdiocese of New York and Roman Catholic Church sold The new york palace hotel for $491.1 million to Lotte Corporation on April 30, 2026.
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