JLL resigns from Advisory Role on Roosevelt Hotel Transaction Citing Potential Conflict of Interest 7 Score: 0 Attempted: 0/7 Subscribe 1. : Which firm resigned as Financial Advisor for the privatisation of the Roosevelt Hotel? (A) Deloitte (B) PricewaterhouseCoopers (C) Jones Lang LaSalle (JLL) (D) KPMG 2. : What was the reason given by JLL for resigning from the Roosevelt Hotel assignment? (A) Financial losses (B) Legal issues (C) Conflict of interest due to client interest in the property (D) Delay in project timeline 3. : When was JLL appointed as Financial Advisor for the Roosevelt Hotel transaction? (A) January 2023 (B) March 2024 (C) January 2024 (D) June 2025 4. : What offer did JLL make upon resigning from its assignment? (A) To continue on a voluntary basis (B) To sell the property directly (C) To return all amounts received during the engagement (D) To find a replacement advisor 5. : Why did JLL find itself in a compromising position regarding Roosevelt Hotel? (A) The hotelâs valuation dropped significantly (B) Lease agreement with NY City was renewed (C) Increased interest from JLLâs clients in the property (D) Roosevelt Hotel was sold to another party 6. : What is the Privatisation Commissionâs immediate next step after JLL’s resignation? (A) Postpone the privatisation indefinitely (B) Appoint a legal advisor (C) Hire a new Financial Advisor on a fast track basis (D) Sell the hotel without an advisor 7. : What has the Privatisation Commission committed to in relation to the Roosevelt Hotel transaction? (A) Sell it to the highest bidder (B) Complete the transaction through direct negotiations (C) Conclude the privatisation transparently and legally (D) Hand over the hotel to NY City
