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Shahal M. Khan | |
|---|---|
| Born | |
| Nationality | American |
| Alma mater | American University Johns Hopkins University |
Shahal M. Khan (born New York, United States) is an American businessman. Khan is primarily known for his failed attempt to purchase the Plaza Hotel in New York City from the Sahara Group, alongside Kamran Hakim, for $600 million. [1] [2] [3]
Khan was one of the founders of Fortune Investment House, a Bahrain-based real estate investment bank, and Global Voice Telecom.
He was CEO of Centile, a French software company based in Monaco, from 2004 to 2006.
Khan helped found and served as vice chairman of Zebasolar, a solar energy company. He also served as a partner at GlobalTurk Capital, a Turkish merchant bank, from 2012 to 2016.
In May 2018, Khan and Kamran Hakim, a prominent New York City landlord and property investor, entered into an agreement to purchase the Plaza Hotel, an historic and high-profile luxury property in Manhattan, for $600 million from Sahara India Pariwar, a London-based Indian conglomerate. [4] [5] [6] The acquisition is partially financed through a $415 million loan from British real estate investors David and Simon Reuben. [7]
Khan was born in New York, United States, of Indian and Pakistani heritage. He received a bachelor's degree in economics from American University and a master's degree in international development from the Johns Hopkins University Nitze School of Advanced International Studies. [8] Khan primarily resides in Washington, D.C., Dubai, and the Portuguese Riviera (Quinta da Beloura, Sintra). [9]
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and private credit. It is one of the largest mega-funds in the world. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index, though by 2020, it had slipped into second place.
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Subrata Roy is an Indian businessman who founded Sahara India Pariwar in 1978.
The Plaza Hotel is a luxury hotel and condominium apartment building in Midtown Manhattan in New York City. It is located on the western side of Grand Army Plaza, after which it is named, just west of Fifth Avenue, and is between 58th Street and Central Park South, at the southeastern corner of Central Park. Its primary address is 768 Fifth Avenue, though the residential entrance is One Central Park South.
1 New York Plaza is an office building in the Financial District of Manhattan in New York City, at the intersection of South and Whitehall Streets near South Ferry. The building, measuring 640 feet (200 m) tall with 50 floors, is the southernmost skyscraper in Lower Manhattan. It was designed by William Lescaze & Assocs. and Kahn & Jacobs, and developed by Sol Atlas and John P. McGrath.
Sahara India Pariwar is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India. The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, manufacturing, media & entertainment, health care, life insurance, educational institute, offline online education (edunguru), retail, E-commerce, electrical vehicle, hospital, artificial intelligence, hospitality, and co-operative society. The group has been a major promoter of sports in India and was the title sponsor of the Indian national cricket team, Indian national hockey team and Bangladesh national cricket team, Force India Formula One team among many other sports.
Trump Plaza was a hotel and casino on the Boardwalk in Atlantic City, New Jersey, owned by Trump Entertainment Resorts. Designed by architect Alan Lapidus, it operated from May 14, 1984 until September 16, 2014.
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Aamby Valley City is a township developed by the Sahara India Pariwar on the outskirts of Pune, India.
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Kamran Hakim is an American multibillionaire real estate businessman of Iranian Jewish descent. He is one of New York City's largest private landlords.
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