New York’s Carlyle Hotel Sold to Hong Kong Billionaire Cheng

The family of Hong Kong billionaire Cheng Yu-tung bought five luxury hotels, including Manhattan’s Carlyle, from Maritz, Wolff & Co. and Rosewood Corp. for about $570 million.

The transaction includes Maritz Wolff’s Rosewood Inn of the Anasazi in Santa Fe, New Mexico, and Rosewood Little Dix Bay in the British Virgin Islands. The other hotels in the deal are Rosewood Corp.’s Rosewood Crescent Hotel in Dallas, and Rosewood Mansion on Turtle Creek, also in Dallas and co-owned by the two sellers, Philip “Flip” Maritz, co-founder of Maritz Wolff, said in a telephone interview.