Pakistan and United States agree to redevelop Roosevelt Hotel in New York
Pakistan and the US signed a deal today to redevelop New York's Roosevelt Hotel. The agreement helps Islamabad unlock the value of a major overseas investment.
The Government of Pakistan
PK and the Government of the United States
US have officially signed a memorandum of understanding to jointly redevelop the Roosevelt Hotel (New York). The agreement, completed today on February 19, 2026, represents a major bilateral effort to unlock the value of one of Islamabad’s most prized overseas investments.












