Now here’s an opportunity to own something really unique, if you’re willing to decamp New York City to run a historic hotel upstate. The Pleasant Beach Hotel, at 14477 Fancher Avenue in Fairhaven, has hit the market for $975,000. Less than $1 million will get you a nine-room hotel, as well as a bar, restaurant, private pier, and an attached owner’s apartment. With incredible views out toward Lake Ontario, this hotel has been in business since 1910… and is looking for its tenth owner to carry on the traditions of the charming waterfront getaway.
The 20-story, 300-room project at 185 Bowery was constructed in Poland and shipped to New York in 210 pieces. Owned by Dutch hotel developer/operator Citizen M with Brack Capital Real Estate, the high-rise hotel at 185 Bowery is more than half done, reports the Wall Street Journal. It will be the largest permanent modular hotel project ever in NYC. Modular construction is more common in Europe; the developer already has nine hotels up and running and 14 in the works. They’ve used the technique of stacking sealed, factory-made units containing finished hotel rooms on the majority of those projects.
The shovels were out at JFK’s TWA Flight Terminal yesterday, as MCR Development and JetBlue broke ground on their project to turn Eero Saarinen‘s mid-century modern masterpiece into the high-end, 505-room TWA Hotel. According to a press release, Governor Cuomo attended the festivities, noting that the conversion “will preserve this iconic landmark while cementing JFK’s status as a crown jewel of aviation.” The news also came with two renderings that show the two, six-story, crescent shaped hotel buildings that will rise on either side of the existing structure.
Back in March, 6sqft reported that a new hotel/rental tower at 500 Metropolitan Avenue had risen above ground, but there was still a bit ambiguity surroundings its final design. Now, just as the Williamsburg building has topped out, CityRealty uncovered the final renderings from KBA Architects. The firm created a 14-story, ziggurat-like structure that will slope down from the adjacent site of longtime local haunt Kellogg’s Diner and offer a slew of trendy amenities.
After sitting vacant at JFK Airport for 14 years as a vestige of jet-age architecture, Eero Saarinen‘s iconic 1962 TWA Flight Terminal received a new life in the summer of 2015 when it was announced that the neo-futurist structure would be reborn as a high-end hotel. MCR Development teamed up with JetBlue and the Port Authority to develop a “505-room LEED-certified hotel with restaurants, 40,000 square feet of meeting space and a 10,000-square-foot observation deck,” as 6sqft previously described. Initial reports referred to the project as the “TWA Flight Center Hotel,” but the Times now confirms that it’ll simply be the “TWA Hotel.” And with construction four months in, Curbed noticed that signage for the hotel has gone up, preserving the airline’s logo and font.
The final checkout for hotel guests at the iconic Waldorf Astoria is March 1st, after which its new owner, Chinese insurer Anbang Insurance Group, will begin converting the 1,413 hotel rooms into 840 renovated hotel rooms and 321 luxury condos to the tune of $1 billion. Earlier this month, the developer filed these plans with the Department of Buildings, which also call for adding retail space, a restaurant, and a fitness center on the ground floors. They’ll retain the historic ballrooms, exhibition space, dining rooms, and banquet rooms, but will still need approvals from the Landmarks Preservation Commission for any work on these public spaces; the building has long been an exterior landmark, but the LPC recently calendared a request to landmark the Art Deco interiors. Though no designs have been approved or confirmed, CityRealty dug up renderings from architectural visualization firm ArX Solutions that show their vision of space*.
No matter how clean the apartment or how swanky the hotel, bed bugs don’t discriminate, and many New Yorkers know it’s just a matter of time before they’ll have to deal with an infestation. With hotel outbreaks rising more than 44 percent between 2014 and 2015, a new bill set to be introduced by the City Council on Tuesday aims to cut down on hotel infestations by requiring exterminator inspections every six months.
A six-digit figure that starts with the number one seems like a steal when it comes to anything Manhattan real estate related, but in this case it’ll only get you 28 days a year, which factors out to roughly $5,900 per day. Curbed shares this fractional timeshare listing at the historic St. Regis hotel, an offer to stay in what’s described as a “glamorous studio” and have access to the property’s amenities.
Image © Flippage
After five years of ownership changes and tenant battles, a group of well-known hoteliers is betting on the future of the historic Hotel Chelsea. The Real Deal reports that a joint venture made up of BD Hotels’ Richard Born and Ira Drukier and Sean MacPherson (who owns, among others, the Bowery Hotel and Waverly Inn) has closed on the hotel for $250 million, and they plan to convert it to condos and a likely trendy hotel.
Though sales at Donald Trump‘s Manhattan residential buildings are still selling at a premium, national real estate and business at his hotels are different stories. Politico reports that the Trump Organization–the umbrella under which all his self-branded ventures fall, from his clothing line to golf courses–has dubbed its newly launched hotel line Scion, clearly void of his moniker, but meaning “descendant of a notable family.” Trump Hotels CEO Eric Danziger said in a press release, “We wanted a name that would be a nod to the Trump family and to the tremendous success it has had with its businesses, including Trump Hotels, while allowing for a clear distinction between our luxury and lifestyle brands.” Though this may be true, it may also have something to do with the fact that, according to travel company Hipmunk, hotel bookings at Trump properties were down 58 percent in the first half of the year.
We’re all for glamping here at 6sqft, though we typically reserve these outdoor adventures for places like the Catskills. But the W Hotel chain is hoping to capitalize on the trend and bring it to their Lexington Avenue location. A press release from the company announces their Outdoor Glamping Suite, part of the 17th floor Extreme Wow Suite, which makes nods to camping with “a 12-foot yurt bedecked in a kaleidoscope of fabrics and textures, glowing lanterns, rattan hanging chairs and a fire pit that lights up with a flip of a switch.” The W teamed up with interior design company Laurel & Wolf to create the experience, which is going for a whopping $2,000 a night.
Over the past decade, developer Sam Chang and his McSam Hotel Group have built an astonishing number of hotels in Manhattan and Brooklyn, and in the process have built up quite the reputation for pockmarking the city with characterless tower blocks that diminish their surroundings. One of the developer’s latest ventures is a 26-story, 566-room hotel beginning excavation work at 334 West 36th Street, between Eighth and Ninth Avenues.
Once occupied by the Postgraduate Center for Mental Health, the mid-block English Gothic structure was built as the Christ Church Memorial Building in 1905. The savvy developer purchased the 15,000-square-foot site in 2013 for $50.8 million in anticipation for yet another hotel. Local preservationists connected with Community Board 4 to convince Chang to save the church facade and incorporate it with the new building. Surprisingly, he obliged, but the Gene Kaufman-designed structure is not quite a miracle.
Hilton Worldwide Holdings, who had owned the landmarked Waldorf Astoria since 1972, agreed in October 2014 to sell the 1,413-room hotel to Beijing-based financial and insurance company Anbang Insurance Group for $1.95 billion. The deal closed the following February, along with plans from the new owners to convert part of the Art Deco building into luxury condos, and now the Wall Street Journal brings additional details on the conversion.
The overhaul, which could close the property for up to three years and cost upwards of $1 billion, would convert as many as 1,100 hotel rooms to condos, with the hotel portion featuring between 300 and 500 luxury guest rooms. Currently, the hotel employs about 1,500 people, but this major decline in hotel rooms will eliminate hundreds of jobs. Sources say Anbang and Hilton have already reached severance agreements totaling at least $100 million.
The 2010 legislation that forbids some properties from being listed on sites like Airbnb–whole apartments without the original tenant present, for example–was just given more firepower. WSJ reports that both houses of the New York City legislature just passed a bill stating that advertisers of those illegal short term rentals could be smacked with fines of up to $7,500. According to Assemblywoman Linda Rosenthal, a Manhattan Democrat who sponsored the bill with Staten Island Sen. Andrew Lanza, “This bill will clarify that if you engage in such renting, there will be stiff penalties.”
The future of the Bowery’s “lighting district” continues to dim as Emmut Properties plans a second mixed-use building along the former Skid Row still home to more than a dozen lighting stores. Emmut’s latest Lower East Side foray is planned at 331 Broome Street. According to the developer’s website, the new building will ascend eight floors and feature ground level retail, hotel suites and apartments above.
West 44th Street between Fifth and Sixth Avenues is home to some of the city’s most elite hotels, such as the Royalton, Sofitel and Algonquin, and also to esteemed institutions like the Harvard Club, Penn Club and New York Yacht Club. Near the stretch’s Fifth Avenue corner, a new 20-story, 96-key hotel tower is in the works at 7 West 44th Street, and it will be festooned in Baroque stylings, Juliet balconies, twisted columns, cast-iron railings, and a grand lobby staircase.
For $850 a night you could nab a room at the iconic Plaza Hotel or something much, much less traditional: a houseboat in the waters of Far Rockaway owned by a Vermont hipster. That’s right, this kooky houseboat, dubbed the Ziggy Stardust, is up for rent at the aforementioned nightly price through Airbnb. It is pretty decked out inside with surfboards, guitars, and pieces of reclaimed driftwood. We’ll go out on a limb and say it’s one of the most unique places to spend a night in New York City.
Construction work has begun on Sam Chang‘s latest endeavor for his McSam Hotel Group, a 12-story, 130-key hotel tower at 111 East 24th Street in Gramercy, a 6,000-square-foot site that was formerly a parking lot operated by Champion Parking. Approved plans filed with the Department of Buildings list Chang’s designer of choice, Gene Kaufman, as the architect of record, and the illustration posted on the construction fence depicts a lackluster design comprised of two six-story volumes with differentiating fenestration.
The remainder of Chelsea‘s flower district continues to shrink, blossoming new hotels instead of floral shops. This latest stalk will rise mid-block at 105 West 28th Street and will be the largest lodge yet, growing 35 stories and budding 343 rooms, according to recently approved building permits.
The tower is anticipated to be among New York’s first batch of Moxy hotels, a new Marriott brand focused on affordable three-star accommodations for young travelers. Last year, Bloomberg reported that Lightstone is committing $2 billion to develop and invest in lodging properties over the next few years, and will be building five Moxy hotels in New York. Recently, financing was secured for a 618-room Moxy flagship at 485 Seventh Avenue in the Garment District.
Illustration by Hilary Knight, courtesy of Simon and Schuster
Remember the story of Herbert J. Sukenik, the famous Central Park West “hermit holdout?” Developers paid the rent-controlled curmudgeon $17 million and gave him a free massive pad overlooking the park in a legendary buyout. His female counterpart might be one Fannie Lowenstein, whom none other than Donald Trump is said to have ended up bestowing a sprawling suite in the venerable Plaza Hotel at 1 Central Park South, complete with a Steinway grand piano and maid service. For zero dollars a month. For life. Here’s how the story of the woman the hotel staff referred to as “the Eloise from Hell” became yet another Manhattan rent regulation legend, as told by Vice.