New York, NY (PRWEB) May 31, 2012
With the approaching summer season, New York City’s Hotel industry is heating up and Domain Properties, a prominent NYC company working with Hotels buyers and sellers, is ready for this dynamic upcoming season. The company’s recent move to expansive office space at 43 West 33rd Street (between 5th Avenue And Broadway) is a definite indication of the expected upswing in an already dynamic NYC hotel market.
Within the neighborhood of Domain Properties’ new office stands the Algonquin Hotel (at 44th between Fifth and Sixth Avenues) part of the Autograph Collection – a group of exceptional independent establishments under the Marriott International, Inc. portfolio. Just reopened following a multi-million dollar renovation, the Algonquin Hotel has undergone changes to the property’s public spaces as well as to its 181 rooms and suites.
Recent renovations include guest rooms featuring customized ‘picture window’ headboards with backlit black and white 1920s photographs by Irving Underhill. Bathrooms renovations centered on baths in suites, glass door shower stalls in guest rooms, and luxurious additions such as Italian floor tiles and back-lit vanity mirrors with LOccitane product. The Algonquin’s Round Restaurant and Blue Bar will reopen in June. This remarkable property is just one example of the Big Apple’s thriving hotel sector.
Another notable upcoming hotel renovation involves the Hotel Brossert in Brooklyn. Developer David Bistricer plans to change this landmark property (currently an apartment building) into a 302-unit hotel. The transformation will take place under the guidance of Gene Kaufman mastermind behind the Hotel Chelsea.
Hotel developers have been checking out several potential NYC hotel properties including the famous downtown Woolworth Building (known previously as the ‘Cathedral of Commerce’). Its owners have agreed to sell the tower’s top 25 floors for $ 70 million to an Israeli investor group.
Within the past year, NYC hotel openings included five hotels in Queens alone (Z NYC Hotel, Hotel Vetiver, Wyndham Garden Hotel,) with a
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