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Want to get a jump start on upcoming deals? Meet the major New York City players at one of our upcoming events!

Tim Oberweger, Jason Zeigler, Diana Smirnov, Sean Frank, and Bethany Adler at The Canal Room on Oct. 24, 2012
Two big hotel deals in Midtown East yesterday: Hersha Hospitality agreed to buy the stalled, 205-key Hilton Garden Inn at 52nd and Third for $74M, pending completion of the building, in Q4 '13. And InterContinental Hotels Group has signed the first site for an Even Hotel, at 219 E 44th St between Second and Third. At a Real Estate Rockers for Relief benefit at The Canal Room last night, we chatted with Fidelity National Title's Tim Oberweger (whom we snapped with Hunton & Williams' Jason Zeigler, Diana Smirnov, Bethany Adler, and her husband Sean Frank). Tim says there's a need for midprice rooms (or really anything below $500/night) in Midtown East. And according to Hersha's investor presentation, the Hilton Garden Inn will be only the second hotel to open in that submarket in 15 years. The 230-room, new-build Even flagship, to be owned by CWC, will deliver in late 2014 at the site of the current Ben & Jack's Steakhouse.