Will Brooklyn Be Home to a New Ace Hotel?

May 7, 2014

Considering GFI Capital Resources‘ recent acquisition of several Bond Street parcels at the corner of Schermerhorn Street, downtown Brooklyn continues to be ripe for development in the vicinity of the Barclays Center.

According to sources close to the deal, hotel developer Allen Gross, president and CEO of GFI, may be looking to bring Ace Hotel’s unique brand of lodging to the location, joining a growing list of hotels already planned for the area.

As evidenced by the hotel chain’s Manhattan venue, housed in a historic, turn-of-the-century building in Midtown, its hospitality and nightlife elements seem to be a perfect fit given the Brooklyn’s site proximity to Barclays.

However, there has yet to be confirmation from GFI, or equity partner in the land deal, Spruce Capital, regarding their vision for the property, and Ace Hotel’s press office is keeping equally mum.

[Via Commercial Observer]

Ace Hotel New York, Image via Ace Hotel


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