March 21, 2005
1,500 new hotel rooms coming to NYC in 2006 - study
New York City gained 5,000 hotel rooms in the past five years, while 1,500 more are on the way by the end of this year, and 2,728 extra are expected by the end of 2007, according to a PricewaterhouseCoopers study quoted today in the New York Sun.
Rather interesting considering just a few weeks ago, another report said the opposite -- that the city has seen a net loss of rooms due to hotels converting to condo use for a quick buck.
The primary backdrop to this scuttlebutt is the pending closure of The Plaza and its plan to go condo/retail, leaving just a hint of hotel service when it reopens at the end of 2007.
The Sun also quotes a union spokesman questioning the validity of the new report: "Gee, what happened to the 5A Clarion, the Melrose, the Gramercy Park, the Delmonico, the Helmsley, and the Windsor, all of which were sold for the purposes of condominium conversions, not to mention the St. Regis, which converted two full floors to condominiums?" a union spokesman, John Turchiano, said, listing hotels not mentioned in the PricewaterhouseCoopers report. The Sun makes mention of several new hotel projects and expansions, including boutique hotels in TriBeCa, Harlem, and the Lower East Side; the kosher Blue Moon Hotel at 100 Orchard St. opening in May; a luxury boutique hotel opening later this year on Clark Street in Brooklyn Heights; the Four Points Soho Village opening in January; the Courtyard by Marriott also opening in January; a 280-room expansion of the Brooklyn Marriott; and the 1,500-room hotel planned for the Jacob K. Javits Center expansion.
For more play-by-play on the city's hotel development, bookmark Curbed.com's hotel section and Hotel Chatter's New York page.
Earlier: Jesse Jackson at The Plaza: 'America is not for sale'
NYC's lost 3,300 hotel rooms to condo conversions
Plaza's owner may build new hotel elsewhere
Hotels going condo can't keep pace with demand
Hundreds rally in protest of The Plaza's condo plan
Harrods, Canyon Ranch maybe on Plaza's menu?
'Multipurpose' Plaza courting super-fine dept. store
Say it ain't so! The Plaza to go 'condo/retail center'
Nostalgia does not a meal make at Oak Room
Dorothy Parker Society bidding farewell to Oak Room
March 21, 2005 10:23 AM in Hotelology
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