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By Accord Real Estate Group

Brooklyn’s New Hotel Recap and Update

December 23rd 2015
Tags: All about Brooklyn New York

For all real estate companies in Brooklyn as well as real estate brokers and real estate agents in Brooklyn who are following or have an interest in the Hotel Industry in Brooklyn, this blog will be informative.

For reference sake, our blogs on this topic include the following past blogs:

December 12, 2013 The transformation of the Downtown Brooklyn/ Brooklyn Cultural District  includes plans for The Even brand Hotel by the Intercontinental Hotels Group to be located at 40 Nevins Street and The Marriott Autograph Hotel to be located at 95 Rockwell Place.

July 22, 2014 In the first wave of selling off an immense portfolio of Brooklyn real estate assets, the Jehovah Witnesses sell The Bossert Hotel on Montague Street, in Brooklyn Heights. The developer plans for the Bossert to be The Waldorf Astoria of Brooklyn.

April 10, 2015 Marriott Autograph Hotel Update

May 10, 2015   The William Vale Hotel to be built at 55 Wythe Avenue, will join a new wave of hip Brooklyn Hotels already planned and being built, such as The Wythe, The McCarren and The Williamsburg.

June 13, 2015 The Downtown Brooklyn New York Marriott Hotel announces plans for a major remodel in an effort to maintain a top spot amongst large hotels in Brooklyn.

The latest addition to Brooklyn’s Hotel boom is the Hoxton Hotel, to be located at 97 Wythe Avenue in Williamsburg. The Hoxton site was home to the 150 year old Rosenwach Tank Company, manufacturer of wooden water tanks. Hoxton hotel buyer Sydell Freehand of The Sydell Group purchased the property in December 2013 for $10M. The Sydell Group owns, develops and manages hotels and has offices in New York, London and Los Angeles.

The site was sold in 2013 to London based developer Ennismore. Air rights at 93 N9th Street were also purchased for $2.65M.

The Hoxton is planned to be 9 stories tall and have 175 rooms. Sydell will be the owner’s representative for the development.

For more information on Williamsburg real estate, call Jeff and Anna at 718-375-2065.

If you are planning to sell your Brooklyn property, whether a residential property, commercial property, mixed use, multifamily, vacant land, development property, Co-op or Condominium apartment, call Jeff and Anna. You will be very happy that you did