Image via Evan Joseph
Witkoff and Access Industries have announced that One High Line, their luxury condominium project in West Chelsea has surpassed $1 billion in sales, the fastest residential project in downtown New York City to do so in ten years.
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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.
