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

Data Center Energy Bill Stalls In Congress As Opponents Say It Lacked 'Real Teeth'

FedEx's Consolidation Plan Puts $3B Of CMBS Debt In Crosshairs

FBI Opens Investigation Into Multifamily Investor Lurin Capital

DWS Plans Liquidation Of Nontraded REIT After Heightened Redemption Activity

Bisnow's 2026 DEI Data Series

America's Data Centers Are Running Out Of People Who Know How To Run Them

Why Data Centers Crave Simplicity As Operations Grow More Complex

Blackstone Looks To Secondary Market To Cash Out Investors In $11B Fund

CalSTRS Plans $5B In New CRE Investments

Ares, Canadian Pension Investor Launch $2.4B U.S. Logistics JV

Troubled Multifamily Loans Face A Refinancing Problem: Who Puts In New Equity?

Toys R Us Plans 120 New Stores Ahead Of The Holidays