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Increasingly, hotel shops are much more than just a place to buy a snowglobe or a missing pair of nose-hair clippers. Now, designer retailers are taking hotel space, hoping to serve tourists, says Prudential Douglas Elliman “Queen of Retail” Faith Hope Consolo.
This has been happening for years in ultra-luxury hotels—Vera Wang and Stubbs & Wootton at The Carlyle, and boutiques at The Plaza,The Palace, and New York Hilton. But now it’s increasing in somewhat less haute hotels, says Faith (right, whom we snapped in Vegas). Opening Ceremony has a shop located at the Ace Hotel. The Shop at The Standard carries objets d'art as well as the usual necessities. Bond No. 9 opened in the American Hotel in Sag Harbor. One of Cynthia Rowley's boutiques is in the Capri Hotel in Southampton, and The Doughnut Plant opened at the Chelsea Hotel. The hotel benefits not just from the rent but by bringing in non-guests who may then stay for a drink or meal. Want to hear more? Join Faith at Bisnow’s NY Hotel Investment Summit on July 27 at The Roosevelt. She'll be with Denihan’s Ellen Brown, FelCor’s Erik Nylen, LW Hospitality Advisors’ Dan Lesser, Morgans Hotel Group’s Eric Bass, CIM Group’s Justin Rimel, Allied Advisors’ Richard Rudd, HEI Hotels & Resorts’ Russell Urban, Greenberg Traurig’s Stephen Rabinowitz, Arent Fox’s Richard Brand, and Katten Muchin Rosenman’s Sheri Chromow talking about the latest from the “hot”el sector. Great schmoozing too! Register here.
Joe Woolhead
NAIOP NYC sent us this shot of its recent insider’s tour of the progress being made on the redevelopment of the World Trade Center, where 80 members joined World Trade Center Development prez Janno Lieber to hear about the history of the site and learn about the plan and timeline for its redevelopment (pictured: Time Equities’ Francis Greenburger, Marsh & McLennan’s Paul Rosenkampff, ATCO’s Neil Adamson, Time Equities’ Jay Fehskens, and JLL’s Paul Formichelli, chapter prez. We call this "Gentlemen at Work"). Missed the event? Make sure to attendBisnow’s World Trade Center and the Future of Downtown event on July 20 and hear firsthand from the folks reshaping the WTC and the live-work-play feel of Downtown: Silverstein Properties’ Larry Silverstein, CBRE’s Mary Ann Tighe, PANYNJ’s Chris Ward, Cushman & Wakefield’s Tara Stacom, Alliance for Downtown New York’s Liz Berger, Brookfield Office Properties’ Dennis Friedrich, and Fried Frank’s Jonathan Mechanic. Register now, as the event will be sold out in few days!

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