A 22-story limited-service hotel is gearing up to rise in Midtown at 4-6 West 37th Street. According to new building permits filed this past weekend, a 120-key 60,000 square-foot development will go up at the 4,200 square-foot lot situated between Fifth and Sixth Avenues.
Two charming six-story buildings, erected in 1920, will be be demolished for the 210-foot tall project designed by notable hotel designer Nobutaka Ashihara Architects. The firm recently opened the city’s tallest hotel, the Marriott Residence Inn New York Manhattan/Central Park at 1717 Broadway.
According to The Real Deal, State Bank of Texas CEO Chan Patel and his sons, Sushil Patel and Rajan Patel, acquired the two-lot site earlier this year for $20 million. The hotel-laden stretch is already home to a handful of mid-range hotels such as the Marriott Fairfield Inn & Suites, the Marriott Springhill Suites and the Strand Hotel. The five-star Langham Place at 400 Fifth Avenue is just behind the site, and a 40-story Embassy Suites Hotel by Hidrock Realty is underway near the Sixth Avenue end of the block.
Neighborhoods : Midtown