This document is a Purchase and Sale Agreement for the Life Hotel located at 19 West 31st Street, New York, New York, between Life Hotel One LLC (Seller) and MRR Development LLC (Purchaser). The purchase price is $48,000,000 with an initial deposit of $5,000,000 and a final deposit of $5,000,000. The agreement includes details on the property, purchase price, payment terms, closing conditions, and representations and warranties of the parties involved. It also outlines the responsibilities of the seller and purchaser during the due diligence period and at closing.
documents/EFTA00808339.pdf
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