NEW YORK—MCR agreed to purchase the BT Tower—one of London’s tallest buildings—from BT Group. MCR will own the 620-foot Tower and podium. MCR intends to secure the future of the Tower, which was opened in 1965 in Fitzrovia, London, and is listed Grade II importance by England’s Historic Buildings and Monuments Commission, by repurposing it as a hotel and opening it up to the public. MCR will partner with London-based Heatherwick Studio to consider how […]

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