Hotel - New York

  • Manhattan’s New Mondrian Hotel Gets Refi

    An HFF team arranged the floating-rate loan with JPMorgan Chase Bank, N.A., on behalf of Moin Development Corp., sponsor of the 190-key luxury property. Proceeds were used to refinance the construction loan.

    29 December 2017 14:52
  • Luxury Hotel Breaks Ground in Tribeca

    The partnership—including Caspi Development, Mactaggart Family & Partners and Barone Management—expects to deliver the 96-key Manhattan property in 2020.

    28 December 2017 11:46
  • NYC’s Largest Modular Hotel Tops Off

    Working on behalf of Brack Capital Real Estate and citizenM, general contractor Rinaldi Group is quickly approaching the completion of the 300-key citizenM Bowery Hotel.

    22 December 2017 12:59
  • Newly Designed JFK-Based Hotel Tops Out

    The redeveloped TWA Hotel is on track to open at John F. Kennedy International Airport in New York in early 2019. Special features will include a Jet Age and mid-century museum, as well as the world’s largest lobby.

    19 December 2017 12:51
  • Thor Equities Snags NYC Boutique Hotel

    The 114-key James New York-SoHo features three food and beverage spaces, as well as meeting and event areas totaling 1,500 square feet.

    15 December 2017 17:42
  • New Fairfield Inn & Suites Opens in Manhattan

    Crescent Hotels & Resorts will manage the 192-key asset in Lower Manhattan. The hotel features an open lobby, fitness center, work area and other amenities.

    12 December 2017 15:20
  • Lightstone Lands $260M Refi for Times Square Hotel

    Goldman Sachs provided the refinancing for the 612-key Moxy Times Square, which made its debut in September of this year.

    01 December 2017 14:45
  • Waldorf Astoria NY to Undergo Major Renovation

    The upgraded hotel will feature restored public and event spaces, 350 new guestrooms and suites, as well as 350 residences. Architectural firm Skidmore, Owings & Merrill and interior designer Pierre Yves Rochon were tapped to design the new space.

    14 November 2017 14:46
  • New Bronx Hotel Developments Land $18M

    Meridian Capital Group arranged a 24-month construction loan featuring full-term, interest-only payments for the development of a Best Western and Sleep Inn hotels.

    09 November 2017 12:51
  • sbe Debuts 2 Mondrian Hotels

    The 270-key Mondrian Doha in Qatar and the 189-key Mondrian Park Avenue in New York City are the fourth and fifth Mondrian hotels globally, after properties in London, Los Angeles and Miami South Beach.

    10 October 2017 14:44
  • Fitch: More U.S. Lodging Consolidation Is Expected

    The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.

    19 September 2017 16:40
  • Upcoming Queens Hotel Receives $44M Financing

    The construction of the dual-branded Marriott Hotel broke ground in 2015, and will bring a total of 338 guestrooms to the borough’s Jamaica neighborhood.

    12 September 2017 15:29
  • JV Scores Marriott Franchise Agreement for Hotel Development

    Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.

    18 August 2017 15:47
  • Pod Hotels Coming to Times Square

    The brand is bringing a more micro unit-focused aesthetic, adding a 'plug and play' package of amenities to their extended-stay product.

    16 August 2017 12:51
  • Hilton Expands NYC Footprint

    The iconic ONE UN New York has relaunched as Millennium Hilton New York One UN Plaza, following a multimillion-dollar renovation. The hotel will be the seventh New York City property managed by Hilton Hotels & Resorts.

    07 August 2017 13:36