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As a boutique hotel it was designed to cater to a broad and diverse clientele, including visitors from virtually every country around the world. The current ownership and management have created an atmosphere and level of service through a bond with their guests that has not only proven to be a successful business model, with returning customers making the it their hotel of choice in Manhattan, but has effectively established a unique brand within the hospitality industry.
A prospective purchaser now has the opportunity to acquire this valuable real estate asset as and take full advantage of the brand that has been created, but also to potentially expand the concept from this flagship location into a much larger hotel franchise. While the property is being offered as an outright sale, the current ownership would consider continuing to manage the asset moving forward, either on a fee basis or for a retained stake in the business.
Guest rooms are over-sized compared to most hotel rooms throughout the city. Rooms and suites range about double a typical New York City hotel room). This allows the Hotel to effectively compete and win business over other locations by appealing to families and larger groups or simply those guests who wish to be afforded the luxury of additional space. Many of the larger guest quarters are also sufficient in size to serve as excellent meeting rooms.
Zoned for Virtually every use allowing multiple future development
Zoned For Virtually Every Use Group Allowing Multiple Future
Winner of many Hotel Industry Awards.
Hotel is located in Downtown Manhattan.
Please contact Howard for more details on this and other Hotels for Sale.
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Residential/Commercial/International - International Property Specialist
Manhattan • LIC • Brooklyn • Miami • Hamptons • International