NEW YORK Private equity firm Starwood Capital Group has purchased 16 high-end restaurants from Stephen Hanson for about $150 million, according to the New York Post. The deal includes such high-profile operations here as Blue Water Grill, Atlantic Grill, Dos Caminos and Ruby Foo’s. The restaurants — of which Hanson has a 72-percent stake — are owned separately from Hanson’s B.R. Guest restaurant-management company, based here. The deal will allow Hanson to buy out his minority ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!