Hotel LoLa aka Hotel Thirty-Thirty Sold Meyer Chetrit - NOW King & Grove Hotel

Hotel Real Estate News NYC

King & Grove has added the Hotel Lola on East 29th Street to its growing portfolio, Hotel Chatter reported without a known price. The hotel is the firm’s flagship property and began operating under the name King & Grove New York.

 

Located at 29 East 29th Street at Madison Avenue, the hotel was owned by Property Markets Group and called HotelView OFF Market Hotels For Sale in NYC Thirty-Thirty before being renamed Hotel Lola. Now the King & Grove New York, the property will eventually boast a new lobby design, as well as new restaurant and bar lounge concepts.

http://www.kingandgrove.com/NYC-Hotels/Hotel-New-York

Besides the Hotel Williamsburg, King & Grove has also picked up managing duties at the Hotel Chelsea and is planning two hotels for Downtown Los Angeles.

King & Grove, which is backed by the Chetrit Group, purchased the 64-room Hotel Williamsburg for $33 million.

Read the rest on Hotel Chatter

 

 

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