Page 1 CONCEPTUAL RENDERING W H E R E O P P O R T U N I T Y

Total Page:16

File Type:pdf, Size:1020Kb

Page 1 CONCEPTUAL RENDERING W H E R E O P P O R T U N I T Y W H E R E OPPORTUNITY M E E T S EXPECTATIONS CONCEPTUAL RENDERING The Exclusively brand and choose Opportunities from one of the two spaces where you can create your own culinary experience in Midtown’s club row, filled NEW with historic buildings, RESTAURANT fashionable hotels and SPACE 2 sophisticated restaurants. CURRENT CONDITIONS EXISTING1 HOTEL BAR AND RESTAURANT: LANTERN’S KEEP AND TRIOMPHE ALL RENDERINGS ARE CONCEPTUAL The Floor Plans E X I S T I N G NEW H O T E L RESTAURANT 1 RESTAURANT 2 SPACE Located on 44th Street between Fifth and Sixth Avenues DINING AREA GROUND FLOOR 1,100 SF 1,875 SF KITCHEN LOWER LEVEL Situated between The Iroquois New York and Sofitel Hotels 500 SF 1,800 SF LOBBY BAR SECOND Landlord to provide connection to flue for kitchen vent 600 SF 1,800 SF + 600 SF outdoor terrace FRONTAGE FRONTAGE Approximately 600 SF of outdoor terrace space on Second Floor 20 FT on West 44th Street 15 FT on West 44th Street POSSESSION POSSESSION Opportunity to utilize event space on the Second Floor of Arranged Immediate CEILING HEIGHTS CEILING HEIGHTS The Iroquois New York 15 FT on Ground Floor 15 FT on Ground Floor 10 FT on Lower Level 17 FT on Second Floor CURRENT CONDITIONS LOWER LEVEL GROUND FLOOR SECOND FLOOR OUTDOOR TERRACE 600 SF EXISTING KITCHEN 600 SF 500 SF 2 2 1,875 SF 2 1,800 SF 1 1,800 SF DINING AREA 1,100 SF 20FT 15 FT WEST 44TH STREET The Floor Plans PROPOSED RESTAURANT TEST FIT GROUND FLOOR GROUND FLOOR – 4,700 SF K ITC H E N A 460 SF K ITC H E N B 725 SF EATING AND DRINKING A BACK BAR/ KITCHEN A 1,000 SF LOUNGE 460 SF 710 SF EATING AND DRINKING B 450 SF BACK BAR / LOUNGE KITCHEN B 710 SF 725 SF HOTEL LOUNGE 240 SF FRONTAGE 38 FT on West 44th Street EATING AND DRINKING A CAN BE COMBINED WITH 1,800 SF 1,000 SF ON THE LOWER LEVEL EATING AND HOTEL LOUNGE DRINKING B 240 SF 450 SF 38 FT WEST 44TH STREET The Neighbors Private Clubs Penn Club of New York, Harvard Club of New York City, New York Yacht Club, Princeton Club of New York, Columbia University Club of New York Hotels The Iroquois New York, The Sofitel, Mansfield Hotel, Royalton New York, Algonquin Hotel, Andaz Hotel, Bryant Park Hotel, Cassa Hotel, Club Quarters Hotel, The Chatwal, AKA Times Square Restaurants Strip House, Kellari Taverna, Sen Sakana, db Bistro Moderne, STK, Gabriel Kreuther, Bryant Park Grill, The Lambs Club, Hunt + Fish Club, Sweetgreen, Joe and the Juice, Whole Foods Market The Location 46TH STREET 46TH STREET H H H H VALERIE H H 45TH STREET 45TH STREET H SEVENTH AVENUE H H H H FIFTH AVENUE H SHOPPING 44TH STREET 44TH STREET THE MANSFIELD HOTEL PENN H GRAND CENTRAL H CLUB TERMINAL > H H S 7 4 5 6 H STEINWAY & SONS 43RD STREET 43RD STREET ALLEN EDMONDS BANK OF AMERICA BROADWAY ONE TOWER FIFTH AVENUE VANDERBILT GABRIEL MADISON AVENUE W 42ND STREET 42ND STREET AVENUE OF THE AMERICAS > H H TIMES BRYANT NYC PUBLIC SQUARE PARK LIBRARY HOTEL H LIBRARY HOTEL H 41ST STREET 41ST STREET 40TH STREET 40TH STREET COMING SOON H HOTEL H CONTACT EXCLUSIVE AGENTS 521 FIFTH AVENUE, FLOOR 7, NEW YORK, NY 10175 212.599.3700 | [email protected] | RKF.COM DAVID ABRAMS BRANDON MILLER 212.222.1496 2 12 .9 1 6 . 293 1 © 2017 ROBERT K. FUTTERMAN & ASSOCIATES, LLC All information is from sources believed reliable, not independently verified, and thus subject to errors, omissions, and modifications such as price, listing, square footage, rates and commissions. All information, estimates and projections subject to change, market assumptions, unknown facts and conditions, and future potentialities. RKF [email protected] [email protected] makes no express or implied representations or warranties, as facts and results may vary materially from all information, estimates and projections. All renderings presented are conceptual..
Recommended publications
  • Manhattan Year BA-NY H&R Original Purchaser Sold Address(Es)
    Manhattan Year BA-NY H&R Original Purchaser Sold Address(es) Location Remains UN Plaza Hotel (Park Hyatt) 1981 1 UN Plaza Manhattan N Reader's Digest 1981 28 West 23rd Street Manhattan Y NYC Dept of General Services 1981 NYC West Manhattan * Summit Hotel 1981 51 & LEX Manhattan N Schieffelin and Company 1981 2 Park Avenue Manhattan Y Ernst and Company 1981 1 Battery Park Plaza Manhattan Y Reeves Brothers, Inc. 1981 104 W 40th Street Manhattan Y Alpine Hotel 1981 NYC West Manhattan * Care 1982 660 1st Ave. Manhattan Y Brooks Brothers 1982 1120 Ave of Amer. Manhattan Y Care 1982 660 1st Ave. Manhattan Y Sanwa Bank 1982 220 Park Avenue Manhattan Y City Miday Club 1982 140 Broadway Manhattan Y Royal Business Machines 1982 Manhattan Manhattan * Billboard Publications 1982 1515 Broadway Manhattan Y U.N. Development Program 1982 1 United Nations Plaza Manhattan N Population Council 1982 1 Dag Hammarskjold Plaza Manhattan Y Park Lane Hotel 1983 36 Central Park South Manhattan Y U.S. Trust Company 1983 770 Broadway Manhattan Y Ford Foundation 1983 320 43rd Street Manhattan Y The Shoreham 1983 33 W 52nd Street Manhattan Y MacMillen & Co 1983 Manhattan Manhattan * Solomon R Gugenheim 1983 1071 5th Avenue Manhattan * Museum American Bell (ATTIS) 1983 1 Penn Plaza, 2nd Floor Manhattan Y NYC Office of Prosecution 1983 80 Center Street, 6th Floor Manhattan Y Mc Hugh, Leonard & O'Connor 1983 Manhattan Manhattan * Keene Corporation 1983 757 3rd Avenue Manhattan Y Melhado, Flynn & Assocs. 1983 530 5th Avenue Manhattan Y Argentine Consulate 1983 12 W 56th Street Manhattan Y Carol Management 1983 122 E42nd St Manhattan Y Chemical Bank 1983 277 Park Avenue, 2nd Floor Manhattan Y Merrill Lynch 1983 55 Water Street, Floors 36 & 37 Manhattan Y WNET Channel 13 1983 356 W 58th Street Manhattan Y Hotel President (Best Western) 1983 234 W 48th Street Manhattan Y First Boston Corp 1983 5 World Trade Center Manhattan Y Ruffa & Hanover, P.C.
    [Show full text]
  • “It's Not What You Know, It's Who You Know.”
    ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS Restaurants, Conference Centers Venues and Catering New York Area Hotels Florists Results Address: 583 Park Ave, New York, NY 10065 “It’s not what Past success is often a good indicator of future success, but Phone: (212) 583-7200 keep in mind, success comes in many forms such as rave Email: [email protected] reviews, savings on budget, flawless execution, or a myriad Website: www.583parkave.com you know, it’s of other key performance indicators. Pick the ones that are most important to you and asses their success ratio. AMA New York Executive Conference Center Affordable meeting packages. Meeting rooms can who you know.” Remember, for long-term resources it’s always a good accommodate over 200 attendees. Executive chairs. High- idea to refresh and reassess every two years! speed Internet access. Complimentary Wi-Fi in lounges. Complimentary continuous beverage service. Optional catering. owhere is the phrase truer than in corporate No service charges and no guest room commitment required. event planning. The success of your event is Free projector and PC use. Noften the direct result of a carefully orchestrated CONFERENCE CENTERS Address: 1601 Broadway at 48th Street, dance among a handful of select providers. However, New York, NY 10019 assembling a team of reliable event vendors does not 92nd Street Y Contact: Valerie Mazzilli-Brown happen overnight. Your dream team should be curated Give your special event the extraordinary and versatile venue Phone: (212) 903-8277 over many years. A good rule of thumb to use when it deserves at 92nd Street Y.
    [Show full text]
  • 2005 Manhattan Hotel Market Overview Page 1 of 22
    HVS International : 2005 Manhattan Hotel Market Overview Page 1 of 22 Manhattan Hotel Market Overview HVS International, in cooperation with New York University’s Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, is pleased to present the eighth annual Manhattan Hotel Market Overview. In 2004, the Manhattan lodging market experienced an impressive recovery, with a RevPAR increase of 22% compared to 2003. From March through December of 2004, the market recorded double-digit growth in RevPAR each month, ranging from a high of 41% in April to a low of roundly 17% in October. At 83.2%, overall occupancy reached close to the historical peak achieved in 2000 (at 83.7%) while marketwide average rate was less than 10% below the 2000 level. Occupancy and average rate in 2005 should surpass 2000 levels. Due to limited new supply and increased compression resulting from near-maximum-capacity occupancy levels, overall RevPAR will experience double-digit growth for the next few years. Based on an overall improved economic climate, strong barriers to entry, limited new supply, and increased compression, we forecast the Manhattan lodging market to achieve a robust ±17% RevPAR growth in 2005. HVS International HVS International is a global consulting and services organization focused on the hotel, restaurant, timeshare, gaming, and leisure industries. Its clients rely on the firm’s specialized industry knowledge and expertise for advice and services geared to enhance economic returns and asset value. Through a network of 23 offices staffed by more than 200 seasoned industry professionals, HVS offers a wide scope of services that track the development/ownership process.
    [Show full text]
  • The Bloom Is on the Roses
    20100426-NEWS--0001-NAT-CCI-CN_-- 4/23/2010 7:53 PM Page 1 INSIDE IT’S HAMMERED TOP STORIES TIME Journal v. Times: Story NY’s last great Page 3 Editorial newspaper war ® Page 10 PAGE 2 With prices down and confidence up, VOL. XXVI, NO. 17 WWW.CRAINSNEWYORK.COM APRIL 26-MAY 2, 2010 PRICE: $3.00 condo buyers pull out their wallets PAGE 2 The bloom is on the Roses Not bad for an 82-year-old, Adam Rose painted a picture of a Fabled real estate family getting tapped third-generation-led firm that is company that has come a surpris- for toughest property-management jobs known primarily as a residential de- ingly long way from its roots as a veloper. builder and owner of upscale apart- 1,230-unit project.That move came In a brutal real estate market, ment houses. BY AMANDA FUNG just weeks after Rose was brought in some of New York’s fabled real es- Today, Rose Associates derives as a consultant—and likely future tate families are surviving and some the bulk of its revenues from a broad just a month after Harlem’s River- manager—for another distressed are floundering, but few are blos- menu of offerings. It provides con- A tale of 2 eateries: ton Houses apartment complex was residential property, the vast soming like the Roses.In one of the sulting for other developers—in- taken over, owners officially tapped Stuyvesant Town/Peter Cooper Vil- few interviews they’ve granted,first cluding overseeing distressed prop- similar starts, very Rose Associates to manage the lage complex in lower Manhattan.
    [Show full text]
  • All in NYC: the Roadmap for Tourism's Reimagining and Recovery
    ALL IN NYC: The Roadmap for Tourism’s Reimagining and Recovery JULY 2020 01/ Introduction P.02 02/ What’s at Stake? P.06 03/ Goals P.1 0 The Coalition for NYC Hospitality & Tourism Recovery is an initiative of NYC & Company. 04/ A Program in Three Stages P.1 2 As the official destination marketing and convention and visitors bureau for the five boroughs of New York City, NYC & Company 05/ Our Campaign Platform: ALL IN NYC P.1 6 advocates for, convenes and champions New York City’s tourism and hospitality businesses 06/ Marketing Partnerships P.30 and organizations. NYC & Company seeks to maximize travel and tourism opportunities throughout the five boroughs, build economic 07/ Success Metrics P.32 prosperity and spread the dynamic image of New York City around the world. 08/ Summary P.36 09/ Acknowledgements P38 Table of Contents Table —Introduction In early 2020, as the coronavirus spread from country to country, the world came to a halt. International borders closed and domestic travel froze. Meetings, conventions and public events were postponed or canceled. Restaurants, retail stores, theaters, cultural institutions and sports arenas shuttered. Hotels closed or transitioned from welcoming guests to housing emergency and frontline workers. While we effectively minimized the spread of Covid-19 in New York City, thousands of our loved ones, friends, neighbors and colleagues have lost their lives to the virus. Our city feels, and is, changed. 2 13 We launched The Coalition for NYC our city’s story anew. As in every great New Hospitality & Tourism Recovery in May York story, the protagonists have a deep 2020 to bring together all sectors of our sense of purpose and must work to achieve visitor economy to drive and aid recovery.
    [Show full text]
  • The New Best of New York
    THE NEW BEST OF NEW YORK Hotels Restaurants Corporate Neighbors Clubs 01. Algonquin Hotel 01. AJ Maxwell’s 20. Koi 01. Baker & McKenzie 21. Proskauer Rose 01. Century Club 02. Andaz 02. Ammos 21. Kuruma Zushi 02. Bank of America 22. Pryor Cashman 02. Columbia Club 03. Bryant Park Hotel 03. Asia de Cuba 22. La Fonda del Sol 03. Bates Worldwide 23. Reuters 03. Cornell Club 04. Courtyard by Marriott 04. At Vermilion 23. Le Marais 04. BDO Seidman 24. Royal Bank of 04. Dartmouth Club 05. Courtyard Fifth Avenue 05. Aureole 24. Metrazur 05. Calvin Klein Industries Scotland 05. Harvard Club 06. Dylan Hotel 06. Ben & Jack’s 25. Michael Jordan’s The 06. CIBC 25. Skadden, Arps, Slate, 06. New York Yacht Club 07. Grand Hyatt NY Steak House Steak House 07. CIT Group Meagher & Flom, LLP 07. Penn Club 08. Library Hotel 07. Benjamin Steak House 26. Morton’s The 08. Condé Nast 26. Time Inc. 08. Princeton Club 09. Marriott Marquis 08. Bobby Van’s Steakhouse 09. Cravath, Swaine & 27. UBS 09. Racquet & Tennis Club 10. Morgans Hotel Steakhouse 27. Oyster Bar Moore 28. US Bank 10. Union League 11. Royalton Hotel 09. Bond 28. Patroon 10. DE Shaw 29. Viacom 11. Yale Club 12. The Chatwal 10. Brasserie 29. Pera 11. Deloitte & Touche Retail 13. The Mansfield 11. Bryant Park Grill 30. Pershing Square 12. Ernst & Young 01. Alice + Olivia 14. The Setai 12. Café Centro 31. ReSette 13. Hachette Filipacchi 02. Banana Republic 15. The Strand Hotel 13. Capital Grille 32. Sparks Steak House 14.
    [Show full text]
  • To Download a PDF of Interviews with Debbie
    Leading Triumph Interviews with Debbie Silverstein - The Washington Jefferson, John David Agosto - The Evelyn, Kate Martin - Hotel Chandler, Robert Holmes - The Iroquois New York, Scott Geres - Hotel Belleclaire, and Sava Vasiljevic - The Cosmopolitan-Tribeca, General Managers, Triumph Hotels Debbie Silverstein be- Kate Martin worked with After college, Scott Geres gan her career in the InterContinental Hotels of started as a member hotel industry at the the World while in school. of the opening team at Rihga Royal Hotel. She later worked at the the SoHo Grand Hotel. She gained further Rihga Royal Hotel, The He then worked at the experience at IBM Iroquois New York, and Le Tribeca Grand Hotel Conference Centers, Marquis Hotel. She served before joining Triumph Dolce Palisades, and as General Manager at Hotels as Executive IBM Armonk be- The Washington Jefferson Assistant Manager at The fore joining Triumph Hotel before assum- Iroquois New York and Hotels as the General ing her current role of subsequently becoming Manager of The General Manager of Hotel General Manager of Debbie Silverstein Washington Jefferson. Kate Martin Chandler. Scott Geres Hotel Belleclaire. John David Agosto had Robert Holmes spent three Sava Vasiljevic began work- his fi rst management po- years at The Grand Hyatt ing with the Marriott Marquis sition as the Front Offi ce New York. From there, he Times Square. He later joined Manager at The Wales moved to the Park Hyatt the Sherry-Netherland Hotel Hotel. Following stints Washington D.C. and later before assuming roles at the at The Franklin Hotel, to the Hyatt Regency on Le Marquis Hotel, the Dylan The Shoreham, Tribeca the Hudson before joining Hotel, and most recently as Grand Hotel, The City Hotel Wales, where he soon Assistant General Manager Club Hotel, and Hudson became General Manager.
    [Show full text]
  • Manhattan Hotel Market Overview 1
    Manhattan Hotel Market Overview HVS Global Hospitality Services, in cooperation with New York University’s Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, is pleased to present the eleventh annual Manhattan Hotel Market Overview. Stephen Rushmore President & Founder, HVS Global Hospitality Services In 2007, Manhattan was once again the Number One U.S. lodging market in terms of RevPAR performance. For the fourth consecutive year, RevPAR recorded double-digit growth in 2007, climbing 14.3%, indicative of the continued strength of the Manhattan lodging market. At roundly 87%, occupancy reached its highest level since 1987. This high occupancy also suggests a significant amount of unaccommodated demand in Manhattan, which is expected to be accommodated by the vast number of new hotels proposed for the city in the next three to four years. Considering the current climate, HVS forecasts a soft landing for the Manhattan market, with minor declines in occupancy and softer average rate growth in the near term. In 2007, the volume of hotel sales in Manhattan soared to over $2.0 billion, excluding the sale of the Hilton New York and the Waldorf=Astoria as part of the Hilton acquisition by Blackstone. This volume was driven by the emergence of overseas players such as Istithmar Hotels, which set a new record through the transfer of interest in the Mandarin Oriental for roundly $1.4 million per key in February 2007. Overall, we anticipate that overseas hotel companies will capitalize on the weak dollar to further establish or expand their presence in the U.S., causing hotel values to remain strong.
    [Show full text]
  • Westviewwins Heart
    The Voice of the West Village WestView News VOLUME 16, NUMBER 2 FEBRUARY 2020 $1.00 WestView Wins Heart Lab By George Capsis What I also learned from Dr. Kaufman was how deadly a heart attack can be. It is In the more than five years thatWestView the number one cause of death; one per- News fought to save St. Vincent’s Hospital, son dies of a heart attack every 37 seconds. one voice emerged as the spokesperson for But the doctor also told me that there was the doctors, nurses, and hundreds of staff- a procedure that could unblock a heart in ers that had spent years of their careers in seconds by pushing a flexible tube (a cath- the that massive collection of buildings that eter) up the main artery until it reached traced its history back to a small Catholic and broke up the blockage. This procedure orphanage in 1849. That voice was Doctor is done in what is called a cath lab, which David Kaufman and what a voice it was— is a dedicated heart-specialized operating precise and focused—demanding, “Save room with powerful x-ray equipment that this hospital.” is able to see the catheter as it makes its I got to know Dr. Kaufman and we invit- way up to the blockage. ed him to write for the paper. He informed The science and technique of the cath lab me about the “cath lab,” required to save a is now well-advanced and relatively safe, but heart attack victim in the (otherwise) few until very recently the State Health Com- minutes they might have left to live.
    [Show full text]
  • New York, NY Hotel Descriptions
    New York, NY Hotel Descriptions Algonquin Hotel 59 West 44th Street Indulge in a true 4-star experience at the Algonquin Hotel. With a picture-perfect location in Midtown Manhattan, NYC, steps away from the excitement of Times Square, our hotel makes it easy to explore world-famous landmarks. Our history of providing first-class service to influential guests makes us the perfect destination for a one-of-a-kind romantic getaway to NYC. Our historic hotel is overflowing with 4-star amenities, such as a fully stocked fitness center, free Wi-Fi access in all hotel rooms and public areas and exquisite American dining at our signature Round Table Restaurant. Host your event here in Midtown Manhattan to enjoy almost 5,000 square feet of stylishly appointed venue space and a convenient location in the heart of the city. We're moments from a variety of renowned attractions, including Bryant Park, Rockefeller Center and the Theater District. Discover unparalleled historic grandeur at The Algonquin Hotel Times Square, Autograph Collection. Candlewood Suites Times Square 339 West 39th Street Candlewood Suites Times Square has the perfect location for Extended Stay business and leisure travelers. Our NYC hotel is convenient to the major businesses in Times Square and the attractions of New York City. Our Times Square address places us within walking distance of the Jacob Javitz Convention Center, Madison Square Garden, Penn Station, Port Authority, Hudson yard, Ernst & Young, New York Times Building and Amazon among others. Our All-Suite hotel offers a comfortable work space and free high-speed internet access.
    [Show full text]
  • To Download a PDF of an Interview with Gerald Barad, Co-Owner, Triumph Hotels
    NEWNEW YORKYORK New York’s New Boutique Hotel Brand An Interview with Gerald Barad, Co-Owner, Triumph Hotels The Iroquois New York EDITORS’ NOTE Gerald Barad is a of the rooms and the hallways, and In the Belleclaire, we found a second hidden second-generation hotelier and has renovating the lobby. We also added 10 skylight that had been covered by three layers of been an active investor in commer- guestrooms, a bar, and the restaurant sheetrock for 75 years. The lobby feels very similar cial and multi-family residential Juni, where Shaun Hergatt is serving to the way it did when the hotel opened in the real estate in New York City for over some of the best food in New York City. early 1900s. We’re really focused on building out 20 years. In February 2014, with his We’re creating another private din- the historical aspect of our hotels. When guests business partner Shimmie Horn, ing room with a skylight and a rooftop walk into our hotel lobbies, they cultivate an emo- Barad united six iconic boutique where people can have private dinners tional connection to the hotels. properties to form the Triumph Hotels catered by Shaun. Hotel Chandler is a Our sixth property, the Washington Jefferson, brand. He is also part of the Triumph high-end, boutique hotel suitable for is located on 51st Street, and we’re organizing a ren- Executive team. In addition, Barad is both the leisure and business traveler. ovation project now that will start in four months the founder of Generations Against The Chandler’s neighborhood just North It will involve redoing the lobby, putting in a new Genocide, a charitable organiza- Gerald Barad of Madison Park has also become quite food and beverage outlet, and renovating rooms tion for human rights.
    [Show full text]
  • Historic Hotels Find Ways to Build a Competitive Advantage
    HVS International, Mineola, New York Matthew D. Melville, Consulting and Valuation Analyst 1 Branding with History: Historic Hotels Find Ways to Build a Competitive Advantage In a time of increasingly sophisticated hotel design, strong demand exists for select properties with a unique feature that new-builds aren’t able to draw into blueprints: a past. Owners and operators of historic properties have become more creative in their efforts to develop and maintain long-lasting competitive advantages for their properties. No single asset may have more marketing value to a historic hotel than its history. Historic Hotels of America, a division of the National Trust for Historic Preservation, was developed in 1989 in an effort to showcase and market historic properties to a growing audience of preservationists and history buffs. It also raises awareness of what can be lost in communities if these hotels are not restored or preserved. For independent properties, this of type marketing alliance may be the best defense against those properties with nationally recognized brand affiliations. In some sense, the lack of branding may be a blessing and a curse for historic, independent properties: while they can be more creative in their effort to showcase a hotel’s past, they may suffer without the benefits of an integrated reservations system. In any case, growing interest in historic hotels is apparent; this article will compare the operating performance of a selection of historic hotels to nationwide hotel operating performance, describe why guests choose historic hotel properties, and suggest how hotel owners, operators, and developers can benefit from a growing interest in historic hotels.
    [Show full text]