NEW YORK CITY-The Grand Hyatt hotel located at 42nd Street is undergoing a renovation. Hyatt expects that the $130 million renovation will allow higher hotel rates.
Hyatt has bought Locust Valley, NY-based Bentel & Bentel to redesign public spaces of the hotel, and Looney & Associates to redesign over 1,300 guest rooms. According to Hyatt, the primary goal of the renovation is to bring the hotel to a level of a brand. The Manhattan hotel contains 138 room configurations. For the full story, go to Crain's New York Business.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
