Rendering via Winick
Plans for a new hotel on West 34th Street date back to 2014, when a partnership of The Chetrit Group and Cornell Realty purchased two adjacent Penn Plaza sites and filed plans. In the years that followed, the assemblage grew, the existing buildings were demolished, the partnership split up, and the properties were divided. The Chetrit Group filed new plans for a 33-story, 300-room hotel for its share at 255 West 34th Street, and this one is now on the rise: The site was cleared last June, a loan was secured in September, and construction is now underway.
Construction photos via CityRealty
The architect of record, Stonehill Taylor, is noted for its hospitality design that includes Jumeirah Essex House’s renovation, the NoMad Hotel, and MOXY Times Square. The cellar and first two floors will hold more than 15,000 square feet of retail space, and then the amenities begin: There will be meeting rooms and a fitness center on the third floor, a restaurant and lounge on the fourth floor, an outdoor pool and bar on the sixth floor, and a terrace on the seventh floor. Rooms will begin on the ninth floor.
The new hotel is the latest stage in its neighborhood's major overhaul. Guests will enjoy views of Madison Square Garden and the Farley Post Office; in the process, they’ll see Penn Station’s long-awaited transformation take shape before their eyes. Mega-development Hudson Yards is rising to the west.
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255 West 34th Street
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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