The Ministry of Privatization has called for technical and financial proposals from experienced firms to appoint a financial advisor for the Roosevelt Hotel in New York City. The advisory role is linked to a proposed joint venture for a mixed-use development of this prime government-owned property in Manhattan. The Roosevelt Hotel spans 19 storeys, houses 1,025 rooms, and covers approximately 600,000 square feet.
The appointed financial advisor will support the government in structuring and executing the joint venture in accordance with applicable regulations and international best practices. Firms interested in applying can access the Request for Proposal (RFP) on the Ministry of Privatization’s website, which includes detailed eligibility criteria, scope of work, and submission guidelines. Technical and financial proposals must be submitted by February 16, 2026, at 3:30 pm PST.
