The Standard Hotel is in the process of being sold for $450 million—around $1.3 million per room—to a group that includes "American Idol" creator Simon Fuller, and is led by Steven Kantor's merchant banking firm S2K Partners. Current owner Andre Balazs is taking the Standard moniker with him and the hotel, which overlooks the High Line, will be rebranded. May we suggest the Peep Show Hotel? [NYP; previously]
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