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Thread: NYC Hotel News

  1. #541

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    Macklowe's website lists 50 East 57th Street as a development site. Sadly, this site contains a nice old building and is contiguous to The Drake's site.
    Last edited by londonlawyer; March 11th, 2007 at 01:02 PM.

  2. #542
    Disgruntled Optimist lofter1's Avatar
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    Hotel Mania Hits City

    THE NY SUN
    BY MICHAEL STOLER
    March 15, 2007

    During the condo boom of two years ago, observers wondered whether there would be a dearth of hotel rooms in Midtown Manhattan. Several of the biggest names in New York City hospitality, including the Plaza and the Stanhope, succumbed to market pressures and were converted to luxury apartments.

    Fast-forward to 2007: Hotel mania has supplanted condo mania in Manhattan, especially in Herald Square and Midtown.

    In 2007 alone, it is estimated that 5,000 additional hotel rooms will hit the market in New York City. The new hotel rooms will replace the space lost in the conversions of landmarked Manhattan hotels, but experts say market conditions dictate that the new rooms will be in smaller, more widely dispersed, and often slightly less desirable locations.

    Visitors to Macy's will have the opportunity to rent a room at one of the five hotels that will stand on West 35th Street between Fifth and Sixth avenues. Three new hotels are in various stages of construction on that stretch.

    This spring, Brack Capital Real Estate USA will begin construction on a 30-story, 300-room hotel on the former site of a lot owned by Icon Parking lot at 63–67 W. 35th St., for which it paid $31 million earlier this year. Directly next to this site, at 59 W. 35th St., the first few floors of foundation have risen on a limited-service McSam Hotels property. Earlier this year, McSam opened a limited-service hotel, the 70-room Hotel 373, at Fifth Avenue and East 35th Street, with a Starbucks in the lobby.

    Two other hotels are on this block, the 170-room Hotel Metro at 45 W. 35th St. and the 131-room Comfort Inn Manhattan at 42 W. 35th St. Last fall, the neighborhood welcomed a 92-room Wingate Inn, at 235 W. 35th St., between Seventh and Eighth avenues.

    McSam Hotels, one of New York City's most active developers of limited-service hotels, is in the early stages of development of another limited-service hotel, at 60–62 W. 36th St., directly behind the construction of the developer's planned hotel on West 35th Street. On West 37th Street, on the site of a former parking lot, a local developer, the Synergetic Real Estate Group, plans to begin construction of a boutique hotel at 31–33 W. 37th St.

    If visitors are interested in staying at a five-star hotel in Midtown, they will have wait until 2008, when a new luxury hotel will be located in the base of the 600,000-square-foot mixed-use building at 400 Fifth Ave. between 37th and 38th streets. The hotel will occupy approximately 200,000 square feet of the building, with the upper floors consisting of residential condominiums with hotel services available.

    "The upper end of the hotel market will remain very tight, with further escalating room rates and higher barriers to entry," the chairman of the national real estate practice of Greenberg Traurig, Robert Ivanhoe, said. "There is little prospect of five-star hotels in prime locations since other users have been viewed as economically best in these locations.

    "Thus, the secondary locations with two- and three- star hotels will continue to be built to meet this demand, but with lower barriers to entry and less desirable locations, will not restore what has been removed from the market, properties such as the Plaza, the Stanhope, the Mayflower, and a portion of the rooms at the St. Regis and the Essex House," he said.

    Construction is scheduled to start before the end of the year on two other boutique hotels, The New York Sun has learned. One block east of the Empire State Building, on the northeast corner of Madison Avenue and East 33rd Street, a European investment group plans to begin construction of a 34-story, 225-room luxury hotel. In the fall, a prominent local investment group will begin construction of a boutique four-star, 26-story hotel with about 140 rooms near 31st Street and Madison Avenue.

    In light of the planned closing of the 1,700-room Hotel Pennsylvania, across the street from Madison Square Garden at 401 Seventh Ave., the rise in hotel construction in Midtown South is desperately needed.

    The Sun has learned that a final decision is expected by management of Pakistani Airlines to market for sale the Roosevelt Hotel across from Grand Central Terminal. Many real estate experts believe it will sell the building for office conversion because of the site's proximity to Grand Central.

    A total of six hotels are in various stages of construction south of the Port Authority Bus Terminal near 42nd Street and Eighth Avenue. These properties are a 20-story, 79-room hotel at 305 W. 39th St.; a 32-story hotel at 309–313 W. 39th St.; a 35-story hotel at 343–345 W. 39th St.; a 33-story hotel at 326–332 W. 39th Street; a 33-story hotel at 326–332 W. 40th St., and a 30-story hotel at 306 W. 39th St., at the southwest corner of West 39th Street and Eighth Avenue.

    Last month, Dubai Investment Group finally closed on the acquisition of 1466 Broadway, a.k.a. 6 Times Square, the former Knickerbocker Hotel. As previously reported, the new owners are planning to convert the office building into a five-star hotel.

    The winning developer for the hotel to accompany an expanded Javits Center is expected to be announced by the state sometime around April 1. The new hotel would have a minimum of 1,000 rooms, with requisite meeting rooms, ballrooms, restaurants, and retail. The hotel would occupy the site on Eleventh Avenue between 35th and 36th streets.

    An extended-stay hotel is scheduled to open at the nine-story former office building at 1265 Broadway, also known at 890 Avenue of the Americas.

    Another parking lot will be replaced by a limited-service hotel, at 38–46 W. 33rd St., across from the Empire State Building.

    The Sun has learned that the Fitzpatrick Hotel chain has decided not to move ahead with building a hotel at the JD Carlisle mixed-use residential development site on the former parking lot on Sixth Avenue between 29th and 30th streets.

    Hotelier Morris Moinian, the owner of the Chemist Club Hotel on East 40th Street between Park and Madison avenues, plans to open his second hotel in Manhattan. In 2009, he will open Intercontinental Hotel's new boutique chain, Hotel Indigo, at 127 W. 28th St. between Sixth and Seventh avenues. The 20-story hotel would have a total of 122 rooms.

    Another five-star hotel will be rising on Lexington Avenue at 53rd Street, near the legendary Waldorf-Astoria. The hotel, developed by Aby Rosen's RFR Holdings, would serve as the base of a mixed-use tower on the former site of the YMCA at 610 Lexington Ave. A 207-room hotel would occupy the lower floors, and 17 condominium units would be located on the top 11 floors.

    In January, the Hotel Mela, a luxury boutique hotel, opened to the public. It is the first new construction on what is often referred to as Hotel and University Club Row, on West 44th Street between Broadway and Sixth Avenue. The former office building now has 229 rooms on 17 floors. The hotel is just a couple of doors down from hotelier Vikram Chatwal's upcoming Lamb's Club Hotel at 130 W. 44th St. between Sixth Avenue and Broadway. The hotel is scheduled to open early next year with 72 rooms in a conversion of the landmarked Lambs club, designed by Sanford White in 1904.

    Bryant Park may soon be the home of two new hotels. A new hotel is planned for the lower portion of a proposed 31-story mixed-use tower at 14 W. 40th St. adjacent to the HSBC Bank Tower and directly south of the Knox Hat Building. The second hotel is slated to open in 2008 at 485 Fifth Ave. in the former Rogers Peet Building. In the fall, Global Hyatt Corp. paid about $136 million for the building, and real estate sources said the property would be developed as a new boutique hotel and have about 200 rooms.

    A few blocks away is the 188-room Eastgate Tower Hotel at 222 E. 39th St. The new owner, Peninsula Hospitality, is planning to renovate the hotel and make it a Marriott Residence Inn.

    Mr. Stoler, a contributing editor to The New York Sun, is a television broadcaster and a senior principal at a real estate investment fund.

    © 2007 The New York Sun

  3. #543

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    Quote Originally Posted by lofter1 View Post
    Hotel Mania Hits City

    THE NY SUN
    BY MICHAEL STOLER
    March 15, 2007

    During the condo boom of two years ago, observers wondered whether there would be a dearth of hotel rooms in Midtown Manhattan....

    Construction is scheduled to start before the end of the year on two other boutique hotels, The New York Sun has learned. One block east of the Empire State Building, on the northeast corner of Madison Avenue and East 33rd Street, a European investment group plans to begin construction of a 34-story, 225-room luxury hotel. ...© 2007 The New York Sun
    I wonder if this is the 176 Madison Ave. project on Frank Williams' website. That project is on the northwest corner of Madison and 33rd.

    The following is from Frank Williams' website:

    This mix-use 35-story Tower has a Boutique Hotel with 100 Suites in the Lower Floors with Residences on the upper floors. Elaborate Retail is organized on the grade level along with separate lobbies for the Boutique Hotel on Madison Avenue and the Residences enter on East 33rd Street.

  4. #544

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    Yea, def the same site, they probably just scrapped the upper floor residences. They added more images of Frank Williams' website.
    http://www.archfwa.com/default.aspx?...ct=556&focus=4

  5. #545

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    Quote Originally Posted by Derek2k3 View Post
    Yea, def the same site, they probably just scrapped the upper floor residences. They added more images of Frank Williams' website.
    http://www.archfwa.com/default.aspx?...ct=556&focus=4
    I agree. The NY Sun article must have meant the northwest corner of 33rd and Madison. I would love to see this building rise there. Although 176 Madison is decent, and I would be inclined to preserve it, 174 which occupies this site as well is a POS.

  6. #546
    Build the Tower Verre antinimby's Avatar
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    Thumbs down

    37 W. 24 St.
    New 17-story Wyndham hotel with 124 rooms.

    I don't think I have to tell you who did this one.



    Image from RKF.

  7. #547

    Default Hotel Indigo

    In regards to your observation for the so called "set back" let me give you a little inside, its called a "plaza" and its required by law on all NEW hotels.

    Another little inside, If you looked at the picture, it has a 16 foot setback AKA plaza, which will be coverd by a glass canopy for outdoor seating or cafe lounge exterior if you will, Also, you guys mentioned about the size and all, In respect to the architect which by the way has designed and built ALL harry gross's courtyards including the on on 35th Which we can all agree is a masterpeice. Hotel indigo's spec'd small rooms to attract single business woman ages 28-37. Do your FULL Reaserch before you accuse anyone or make lame statements. KNOW THE FACTS first.

    Thanks for your other comments tho. (on some things you guys are in deed right-on)

  8. #548
    Disgruntled Optimist lofter1's Avatar
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    Could you ^^^ point us to the regulation which states that all hotels now built in NYC must pull back from the streetwall (and thus create the "plaza" out front)?

    A link to the specific zoning text would be appreciated.

    Just the facts, please.

  9. #549

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    Yes, some facts please. What about all of the plaza-less hotels being built that respect the street-wall? How are they able to do it?

  10. #550

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    If this regulation exists, it's idiotic.

  11. #551
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    Quote Originally Posted by NYbuilder View Post
    ...In respect to the architect which by the way has designed and built ALL harry gross's courtyards including the on on 35th Which we can all agree is a masterpeice.
    There are nearly a thousand active, registered users here and thousands more guests daily. The one FACT I can offer is that they all rarely agree..

    Quote Originally Posted by NYbuilder View Post
    ...KNOW THE FACTS first.
    No facts backing up this post were offered. Please provide links to "facts" that the veracity of the statements might be objectively judged.

    Oh, and sentences end in periods, not commas. (rules of the forum)

  12. #552
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    Quote Originally Posted by antinimby View Post
    ...I don't think I have to tell you who did this one.
    Well, you got a laugh out of me.

  13. #553
    Build the Tower Verre antinimby's Avatar
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    Wyndham Garden Inn – 115 rooms
    20 Maiden Lane
    Scheduled Opening: Late 2007
    McSam Hotel, LLC is developing this newly built property.
    This is a new build.
    The McSam/Kaufman plague continues unabated...




    Ugly renderings courtesy of RKF.

    As usual, expect the finished product to come out looking worst than these renderings, if that's even possible.

    Poor New York, what terrible deeds have you done to deserve this curse?

  14. #554

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    This has to be a conspiracy. I couldnt design something so bad, if I tried. Tiny windows, salt and pepper, and green bricks! I seriously think this is a conscious effort to produce the very worst possible.

  15. #555

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    Wow, what a way to end my night. That building will end up in my nightmares.

    Anyone who designs a building like that anywhere in the 3rd world, let alone NY, deserves to be tarred and feathered

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