NEW YORK CITY-Catering to the re-emerging tourism market in Lower Manhattan, a joint venture of Hidrock Realty and the Robert Finvarb Cos. are developing a $100 million Downtown hotel near the World Trade Center site, has learned. Slated to open in early 2015, the companies are planning to build a 30-story, 300-key tower at 133 Greenwich St. just a block south from the 9/11 Memorial.

The 135,000-square-foot development will most likely be a flagged hotel, though a brand has not yet been chosen, according to Abraham Hidary, president of Hidrock, who tells that Lower Manhattan has “all the ingredients” for a great new development site.

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