PYE Properties has revealed their plans to restore and expand the historic Coney Island Shore Theater at 1301 Surf Avenue in Brooklyn. The theater was originally completed in 1925 has been vacant since 1973. PYE Properties plans to expand and convert the existing structure into a 7-story boutique hotel designed by Gerner Kronick + Valcarcel Architects.Read More
Construction on the Hilton Grand Vacation Hotel in Midtown East is powering towards completion as construction teams have begun the installation of the Handel Architects-designed metal facade. When complete the hotel tower, which is being developed by Hidrock Realty, will rise 31-stories.Read More
New renderings have been revealed for Hudson Yards Autograph Hotel by Marriott which will be located at 432 West 31st Street. The hotel tower is being developed by Arisa Realty and is being designed by Danny Forster Design Studio (DF&A).Read More
New York City’s newest CitizenM hotel, located at 185 Bowery on the Lower East Side, has wrapped up construction and is open to the public. The hotel, which rises 19-stories and 224’, is now the tallest modular hotel in the United States and in the world.Read More
iStar has revealed Asbury Ocean Club as the luxury condo offering as part of their $300 million transformation of Asbury Park, New Jersey. Asbury Ocean Club will be the highest-end offering as part of the mega-project and will rise 17-stories featuring 130 condos along with a 54-room hotel.Read More
Marriott International has announced that the Rafael Viñoly-Designed Ritz-Carlton will break ground at 1185 Broadway in NoMaD. Permits were filed in 2016 with a proposed total development of 164,400 SF.Read More
Earlier this summer the Cipriani family expanded their portfolio with the opening of Mr. C Seaport, the newest member carrying the Mr. C Hotels brand. The 66-room boutique hotel was designed by Danish architect Thomas Juul-Hansen and is located at 33 Peck Slip in the Seaport DistrictRead More
The Moxy Hotel is opening a second location less than a year after opening their first NYC location, Moxy Hotel Times Square located at 485 Seventh Avenue, in 2017. The Financial District outpost will featured 298 rooms and will be located at 26 Ann Street, developed by Mark Grodan and Tribeca Associates.Read More
BD Hotels has officially opened Pod Times Square, Pod Hotels new flagship location in Times Square at the intersection of 42nd Street and Ninth Avenue (January 2018). The hotel features 665 micro-hotel rooms in addition to 45 Pod Pads, which are rental apartments available for short and long term leasing.Read More
Caspi Development, Mactaggart Family & Partners, and Barone Management have finally broken ground on the long delayed 456 Greenwich Street hotel development in TriBeCa. The hotel will rise 8-stories, 110', and was designed by Stephen B. Jacobs with interiors by Martin Brudnizki.Read More
Construction has officially topped out on the TWA Hotel At JFK International Airport, one year after groundbreaking on December 15, 2016. The hotel breathes new life into the adjacent iconic, 1962 Eero Saarinen-designed TWA Flight Center, which will become the hotel's lobby and will feature an museum/ exhibition space open to the public.Read More
There has been an uber-shake-up at Trump Soho, the famous hotel-condo that opened in 2007 as the Trump Group and owner CIM Group have parted ways. The 46-story, 391-unit property was first developed by a partnership between Bayrock Group and Sapir Organization, who entered into a licensing deal with The Trump Group to brand and manage the property.Read More
Drama is beginning to heat up at the Waldorf Astoria, which Anbang purchased in 2015 for $1.95 billion. Anbang had planned to convert the legendary hotel from 1,413 hotel rooms to both 840 hotel rooms with 409 condominiums overseen by Skidmore, Owings, & Merrill (SOM) with construction led by Aecom Tishman.Read More
Highgate, led by Mahmood Khimji, is buying the Gansevoort Park Avenue NYC in NoMaD a deal worth nearly $200 million. The deal equates to around $800,000 per key for the upscale hotel located at 420 Park Avenue SouthRead More
Could another shake-up becoming to the New York hospitality industry? Earlier this summer rumors began to surface that Standard International, the hospitality firm founded by hotelier Andre Balazs, which originally bought out The Standard, High Line from other investors in 2014 for $400 million, is in late-stage talks to unload the asset.Read More
Barry Sternlicht’s Starwood Capital Group is investing $250M to acquire a 30% steak in YOTEL, a chain of affordable "pod" style hotels in New York City, Boston, Paris Charles de Gaulle Airport, London Heathrow, London Gatwick, Amsterdam Schiphol; with San Francisco and Singapore opening this year (2017).Read More
Ian Schrager’s new Public Hotel at 215 Chrystie Streetaims to offer 5-star luxury without the steep price-tag. Public Hotel rises 28-stories and was designed by legendary starchitect Herzog & de Meuron. The hotel features 370 hotel rooms which start at $150 per night and 11 condo residences. Rooms feature modern amenities such as an iPad which is used for check-in, check-out and services as well as an Apple TV. The hotel also features 2 restaurants by chef Jean-Georges Vongerichten named PUBLIC Kitchen and Louis, which is a marketplace concept; as well as 3 bars named Diego, The Roof and The Lobby Bar. The project was developed in a partnership between the Ian Schrager Companies and Steve Witkoff, who refinanced the property with a $173 million loan from Starwood Capital Group in June 2017.
Public Hotel has not been shy in creating controversy among opening. Lower East Side residents that live adjacent to the hotel are upset that they can see guests having sex through its oversized windows. The hotel has received over 50 noise complaints since opening but due to the acts being within the privacy of the residents own rooms there is nothing anyone can legally do.
Genting Group has broken ground on their 420,000 SF expansion to their Resorts World Casino New York City (July 2017). The five-star, 400-key resort is located at 110-00 Rockaway Boulevard in South Ozone Park in Queens. The project features the addition of new 10-story structure that houses 400 hotel rooms, retail, dining and entertainment including 1,000 new video lottery terminals. The expansion is expected to cost $400 million and will be completed in 2019.
Moxy Hotel Times Square has released renderings of their trendy rooms, which have been designed by famed interior designer Yabu Pushelberg. The Moxy Hotel Times Square, which is being developed by Lightstone, will be the first New York City location for the millennial-focused Marriott subsidiary. Moxy Hotels offer small guest rooms with suite style, communal spaces. Room sizes range from 120 SF to 350 SF. The Moxy Hotel Times Square will feature 612 hotel rooms and will be located at 485 Seventh Avenue between 36h and 37th Streets. The Yabu Pushelberg designed rooms were designed with inspiration from ocean liners. The hotel will also feature a 5,000 SF restaurant operated by Tao Group. Room rates will range from $200 to the mid $400's. There will be another Moxy Hotel located on 28th Street between Sixth and Seventh Avenues which will open in 2018 and is also being developed by Lightstone as well as another location on East 11th Street which will open in 2019.