NYC: Meet Manhattan'sSix 'New' Hotels

The family owners of six NYC hotels are overhauling them and branding the properties under a new flag: Triumph Hotels. We snapped Gerald Barad, co-owner with Shimmie Horn of The Iroquois New York, Hotel Chandler, Hotel Belleclaire, The Cosmopolitan, The Gershwin, and the Washington Jefferson. Now that the hotels are part of a brand, the execs have reclaimed each hotel's office space for more rooms and two weeks consolidated operations into the Time-Life Building (hence Gerald's informal nameplate). While many say a brand isn't necessary in NYC, he says the shared flag offers operational efficiency and opens the door to expansion outside NYC. Each hotel (the six total more than 1,000 rooms) will be neighborhood-centric, and the plan is to beef up retail and F&B. Read more in Real Estate Bisnow New York.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Loud And Clear: Why Aiphone Thinks Intercom Ownership Is Best For Multitenant Buildings

Sixty Beverly Hills Hotel Heads Back To Special Servicing

The Fast-Food Exec Taking Her Real Estate Talents To The Looksmaxxing Era

Republicans, Democrats Backing Away From Data Centers Amid Rising Backlash

Controversial $18M Charlotte-Area Hotel Project Gets Rezoning Approval

TJ Maxx Parent Plans To Accelerate Store Openings In 2027

Starwood, Realterm Fund Record Industrial Outdoor Storage Loan

Rent Concessions Dip As Fewer Apartments Come Online

These 15 Lenders Are Leading The $1.3T Data Center Debt Surge

Largest U.S. Grid Threatens Power Cuts To Data Centers That Don't Bring Their Own

Fermi Subpoenaed For Project Matador, Former Management Records

Avison Young Plans Second Major Recapitalization Since 2024