The Ministry of Privatization has invited technical and financial proposals from qualified and experienced firms for the appointment of a financial advisor for the Roosevelt Hotel in New York City.
According to the official announcement, the advisory mandate relates to a proposed joint venture for a mixed-use development of the Roosevelt Hotel, a prime government-owned asset located in Manhattan.
The property comprises 19 storeys, 1,025 rooms, and covers approximately 600,000 square feet.
The selected financial advisor will assist the government in structuring and executing the joint venture transaction in line with applicable rules and international best practices.
Interested firms can obtain the Request for Proposal (RFP) from the Ministry of Privatisation’s website, where detailed eligibility criteria, scope of work and submission requirements are available.
Technical and financial proposals must be submitted by February 16, 2026, by 3:30 pm (PST).
