Times Square Prepares for New Hyatt Place; $16 Million Renovation Completed at Hilton Long Island
- Oct 19, 2012
By Veronica Grecu, Associate Editor
Developer 41st Midtown LLC has reached a management agreement with Stanford Hotels Corp., an affiliate of Chicago-based Hyatt Hotels Corporation, to build a new Hyatt Place hotel in New York’s vibrant Times Square and within walking distance of Avenue of the Americas, one of the densest office corridors in the city.
According to an official statement, the 24-story Hyatt Place Times Square will be located on 41st Street between Sixth Avenue and Broadway and will include 130 upscale guest rooms designed in the authentic hospitality style for which Hyatt is known worldwide. Each room will feature state-of-the-art technological amenities and work and relax areas such as a plush Hyatt Grand Bed and a large sofa sleeper to accommodate the needs of business travelers.
“Hyatt is actively expanding the Hyatt Place brand throughout United States, and we are excited to be working with Stanford Hotels on their first Hyatt Place hotel in New York,” said Jim Chu, senior vice president of franchise and owner relations for Hyatt Hotels & Resorts, in a recent press release. Construction at the site is scheduled to begin in the second quarter of 2013.
In further hospitality-related news, hotel investment and management company Dow Hotel Company (DHC) has finished a $16 million renovation project at the Hilton Long Island/Huntington hotel in Melville, N.Y. The 304-room hotel was in need of rehabilitation and repositioning in the market when it was acquired by DHC in the summer of 2001.
After completing an extensive market study on the area, the company embarked on a complex makeover of the building located at 598 Broad Hollow Rd., striving to create a quality meeting point and social event hotel that was much needed in the area.
Renovation plans included all aspects of the hotel’s interior, from carpeting and beds to furniture and artwork, which were enhanced to meet the expectations of Hilton guests. The hotel’s executive lounge was transformed into a private business center, and the 26,000-square-foot ballroom—the largest in the area—was reimagined and updated to accommodate up to 1,200 people.
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Image courtesy of Hilton Long Island website