Hotel Real Estate News NYC
- Four Seasons New York Hotel Gets $900 Million Offer
- The Setai Hotel on 5th Ave Sold to Langham Hotels
- The Manhattan at Times Square sold to Goldman Sachs, Highgate Hotels & Rockpoint Group
- Sahara Group Finally Buys The Plaza Hotel From Elad
- Hotel 718 Was sold to The Lam Group
- Hotel LoLa aka Hotel Thirty-Thirty Sold Meyer Chetrit - NOW King & Grove Hotel
- The Jumeirah Essex House Hotel in New York FOR SALE - Now SOLD to Strategic Hotels
- Ritz-Carlton Sold to Westbrook Partners $105 Million - 50 Central Park South
- Heena Hotel LLC - Khandu Patel 1031 Exchange Sam Chang 50 Trinity Place Hotel Site for $15 million
- HNA Property Holding Group - HN Air Buys Cassa Hotel
Hotel Market New York City
- Revived TriBeCa Development
- DiamondRock Closes On Blackstone's NYC Hotel Portfolio
- Brooklyn Hotel Potential vs. Manhattan Hotel: Brooklyn Wins
- NYC Hotel Industry Targets Youth
- Brooklyn Hotels - The Brand
- New York City Hotel Investments
- What's Trending?...Manhattan Hotel Investments
- Rising NYC Hotel Sales
- NYC Hotels - Office Conversions
- Baccarat Hotel Midtown Manhattan
Locate a New York Hotel Broker, Sell your hotel Discreetly with US
Written by Hotels For Sale in NYC - Buy Manhattan Hotels
We will use our knowledge, experience and network of hotel industry and real estate resource professionals to provide you with a smooth and successful transaction from listing, to contract, to settlement.
We understand the need for confidentiality as well as market exposure, so Hospitality Investment utilizes smart marketing to give our sellers targeted exposure to the universe of hospitality buyers and drive maximum asset value
- TOP Hotel Brokers of NYC - Hotels can assist you in determining whether to sell an asset now or hold it and sell at a more advantageous time.
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- TOP Hotel Brokers of NYC - Hotels markets internally to our extensive network of thousands of hotel industry contacts.
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- TOP Hotel Brokers of NYC - Hotels recognizes the important balance of confidentiality and targeted exposure in your lodging transaction.
- We maintain confidentiality through a buyer qualification process that includes a registration and confidentiality agreement, a statement as to the availability of funds, and an interview with your hotel real estate specialist before disclosing confidential information.
- TOP Hotel Brokers of NYC - Hotels also offers expert financial consulting services through our affiliates and investors.
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Locate a New York Hotel Broker, Sell your hotel Discreetly with US
Written by Hotels For Sale in NYC - Buy Manhattan Hotels
We will use our knowledge, experience and network of hotel industry and real estate resource professionals to provide you with a smooth and successful transaction from listing, to contract, to settlement.
We understand the need for confidentiality as well as market exposure, so Hospitality Investment utilizes smart marketing to give our sellers targeted exposure to the universe of hospitality buyers and drive maximum asset value
Foreign investors Target New York City and Washington, D.C Real Estate
Written by Hotels For Sale in NYC - Buy Manhattan HotelsForeign investors Target New York City and Washington, D.C Real Estate.
Except for multi-family housing, they are not scattering their interest throughout the U.S., but rather narrowly targeting it to New York City and Washington, D.C., to an even greater extent than in previous years.
More Specific, They are targeting Office Buildings and Hotels, Residential Buildings and Distressed Development Sites in Manhattan and Large Scale housing in Washington DC, Boston ; San Francisco and Los Angeles areas.
Manhattan's $656 Million Setai Condo-Hotel Project Developer
Written by Hotels For Sale in NYC - Buy Manhattan HotelsNov. 1 is the date - a date that will tell Milan developer David Bizzi whether his completed $656 million condo-hotel project on East 36th Street in Manhattan is a hit or a dud with buyers.
The 60-story, 184-unit condo project and 214-suite hotel is called Setai Fifth Avenue.
Best Bet in Buying a NYC Luxury Hotels in 2011
Written by Hotels For Sale in NYC - Buy Manhattan HotelsYour Best Bet in Buying a NYC Luxury Hotels in 2011
It was in 2009 that New York City occupied the numero uno status in terms of attracting the maximum number of visitors. New York City has always managed to attract visitors because of the enigma and class associated with its name. Ask 10 people, anywhere in the world, to name a top city in the world and about six or seven would take the name of the Big Apple.
With so much popularity attributed to it, it is no wonder that NYC has some of the best and most well known hotels in the world. The tourism industry has indeed opened up worldwide and it is expected that the number of visitors to New York City will only go up. Hotels are gearing up for the rush and you can expect world class service when you are in one of the top hotels in the city.
Central Park is one of the most famous locations in NYC. Add the classy Fifth Avenue to it. Also add art and culture, endless hours of shopping, some spectacular dining and nightlife continuing till the wee hours of the morning. And in the midst of all this is The Plaza, one of the most famous and luxurious hotels in the city. Your stay at The Plaza is bound to be once in a lifetime experience.
don’t hesitate to call us for answers to all the queries you may have regarding your investment in real estate. CALL US Direct 646-403-4441
The Plaza – New York City
Goldman Sachs Remaking a Hub and Hotel in Battery Park City
Written by Hotels For Sale in NYC - Buy Manhattan HotelsGoldman Sachs has begun to unveil the designs it has on remaking its new neighborhood of Battery Park City.
On Wednesday night, members of a committee of Manhattan’s Community Board 1 heard about Goldman Sachs’s plans to upgrade a hotel next to its headquarters and to bring in Danny Meyer, the red-hot restaurateur, to open a Shake Shack, a Blue Smoke barbecue joint and a fancier restaurant in the complex, a block from the World Trade Center site.
Read the Rest HERE ... http://cityroom.blogs.nytimes.com/2010/07/29/goldman-sachs-seeks-upgrades-in-battery-park-city/?dbk
Mr. Meyer’s Union Square Hospitality Group
Gaming Casino Hotels coming to New York City
Written by Hotels For Sale in NYC - Buy Manhattan HotelsNew York might soon host a new type of high-roller.
Kuala Lumpur-based Genting Malaysia Bhd is planning to invest 
$1.3 billion on a gaming facility at New York City's Aqueduct racetrack, located in Queens. According to Hotels Magazine, the proposed facility, called Resorts World New York, will house three proposed hotels.
Genting currently operates and has ownership stakes in more than 10,000 hotel rooms around the world, including the world's second-largest hotel in Malaysia. According to the story, the video lottery license granted to Genting is the only one within the New York City limits
Chatham acquires Marriott Residence Inn Holtsville in New York - Long Island
Written by Hotels For Sale in NYC - Buy Manhattan HotelsChatham Lodging Trust, a hotel real estate investment trust, has completed its acquisition of the Residence Inn by Marriott - Long Island Holtsville, New York in an all-cash transaction for USD21.3m, or approximately USD172,000 per key.
http://www.marriott.com/hotels/travel/isphv-residence-inn-long-island-holtsville/
The hotel represents the 11th hotel either acquired or under contract to purchase by Chatham since its 21 April 2010 initial public offering.
"This is a very well-located property with superb visibility and accessibility off of the Long Island Expressway," says Jeffrey H. Fisher, Chatham's chief executive officer. "The Long Island hotel market is extremely attractive for a number of reasons, including its high barriers to new competition and multiple demand generators. This hotel is proximate to a large number of major businesses, as well as to such nearby tourist attractions as Fire Island and the Hamptons, which appeals to both business and leisure travellers."
The upscale extended-stay Residence Inn by Marriott hotel features 124 suites, complimentary high speed internet access and fully equipped kitchens. The hotel offers an on-site fitness centre, indoor swimming pool and whirlpool, as well as an outdoor sport court.
The six-year-old hotel will be managed by Island Hospitality Management, a hotel management company 90 per cent owned by Fisher
Read More.. http://www.propertyfundsworld.com/2010/08/05/57211/chatham-acquires-residence-inn-holtsville-new-york
Buyers moving into the W Downtown Manhattan
Written by Hotels For Sale in NYC - Buy Manhattan HotelsMove-ins at the W New York Downtown Hotel & Residences are slated for Sunday, according to the New York Post.
The 58-story building at 123 Washington Street in the Financial District -- which has 223 condos -- sits atop a 217-room hotel operated by Starwood's W brand, which opened Tuesday..
The Moinian Group, the building's developer, initially put the condos on the market in 2007, pre-construction. But in the down market, Moinian put sales on hold and waited until the building was further built and the economy had "recovered," the Post said.
Local Tourism Industry On The Rebound in New York City
Written by Hotels For Sale in NYC - Buy Manhattan HotelsJust one year after undergoing a downturn, New York City's tourism industry looks to be on the rebound.
The city's marketing and tourism agency says preliminary data shows New York is on track to reach a record 47.5 million visitors this year – beating the previous record set in 2008 by 500,000.
This comes after tourism fell for the first time in eight years in 2009, as the country went through a recession and Americans reigned in spending.
Mayor Michael Bloomberg says the industry fared better across all sectors – from higher hotel occupancy rates and Broadway ticket sales to more tourism-related jobs than last year.
"Just think about that, the economy turns down in America and around the world, and we're gonna have a record year in tourism,” said the mayor. “We used to talk about diversifying our economy, not just diversification in terms of industries, but around the city and all five boroughs. This is another example of doing exactly that."
Read More.. http://www.ny1.com/content/top_stories/123589/local-tourism-industry-on-the-rebound
Gansevoort Hotels in NYC to Add Porsche Fleet
Written by Hotels For Sale in NYC - Buy Manhattan Hotels
Say goodbye to stinky taxis – beginning Aug. 15, guests at the chic Gansevoort Hotels in New York's Meatpacking District and on Park Avenue South will get complimentary in-town car service and VIP airport transportation in a fleet of 2011 Porsche Panamera 4S's. The service comes as part of a cross-promotional deal brokered between Porsche Cars North America, Inc. and the Gansevoort Hotel Group, both of which brands are committed to innovative design. "We're looking forward to transforming the perception of city driving for Gansevoort Hotel Group guests," says Detlev Von Platen, president and CEO, Porsche Cars North America. "Appreciating one of the world's greatest cities from the spacious interior of a Porsche Panamera is a great way to increase your pulse rate without adding an iota of stress." The stylish rides are sure to make any hotel guest feel like one of NYC's 650,000 millionaires.
Other NYC Hotels offer Mercedes Benz S550 and Cadillac Escalade ESV and Range Rover HSE to their clients as part of the Hotel Amenities.
You can also Rent a Porsche. Mercedes Benz S550 Rentals and Cadillac Escalade Rentals and Range Rover SUV Rentals indecently and Delivered to your NYC Hotel from Image Luxury Car Rentals.
Hotel in old NY Times Building New York City
Written by Hotels For Sale in NYC - Buy Manhattan HotelsDeadline looms for proposals to turn seven floors of the long-vacant mid-block building into a high-end hostelry; owner Africa-Israel hopes to turn top four floors into luxury condos
Bids are due by mid August from companies interested in setting up a hotel on seven floors of the old New York Times building on West 43rd Street between Seventh and Eighth avenues.
“We want something that is the kind of brand that fits the space,” said Richard Marin, the chairman and chief executive of owner Africa Israel Investments (USA), which plans to turn the long-empty building into a multi-use property with shops, hotel rooms and luxury condominiums. “This is an iconic landmark building that wouldn't be right for a down-market brand.”
Read More:.. http://www.crainsnewyork.com/article/20100810/REAL_ESTATE/100819993
Are they Too many beds being made in Big Apple?
Written by Hotels For Sale in NYC - Buy Manhattan HotelsBy the end of this summer, more than a half-dozen new hotels will have opened in the Big Apple. And Smith Travel Research reported that 46 hotels are scheduled to open in New York City this year.
I think hotels in Manhattan will do well, but I'm worried about the outer boroughs, with the exception of Downtown Brooklyn, Cobble Hill and Dumbo. With so many new hotels of all price points in Manhattan, who wants to schlep to hotels in Long Island City and the Bronx to go to a rooftop bar and then rest their head? They will likely only travel to the outer borough hotels with a mission to save money, but they can find the same price points in Manhattan.
Last month, Hyatt Hotels' 184-room Andaz opened at 485 Fifth Avenue at 41st Street in the former Rogers, Peet & Company Department Store, directly across the street from the New York Public Library. The hotel is the home of the "The Shop" a 38-seat restaurant on the ground floor using food from New York state farms and local purveyors.
Times Square just welcomed the 607-room InterContinental Hotel Times Square. The development is the largest ground-up hotel in Manhattan in eight years. In the base of the building, at 300 West 44th Street at the corner of Eighth Avenue, is a recently opened Shake Shack.
NEW YORK (Reuters) - It took nearly three months to find the perfect hue of slate blue for the bathroom towels at the InterContinental New York Times Square hotel.
Read More.. http://www.reuters.com/article/idUSTRE64900220100510
The hotel's general manager, Drew Schlesinger, held each sample against the bathroom tiles to see how well the colors meshed. He dimmed the lights to see how that would alter the tones. He sent the towels back seven times to be re-dyed until they finally came up with the perfect shade.
"Details are extremely important," he said, just before a walk-through of the hallways of the InterContinental, which is still under construction. "You get enough people to have that 'Aha!' moment and it's a home run."
It is gospel in the hospitality industry that the small stuff matters. The curve of the door knob, the heft of a closet hanger and a coffee mug that's just the right size can go a long way in convincing a hotel guest to become a regular customer.
Read More.. http://www.reuters.com/article/idUSTRE64900220100510
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