From left: Lam Group founder John Lam and the Hotel 718

With new ownership comes a new plan for Hotel 718 in Downtown Brooklyn.

Brownstoner reported that the hotel, purchased by the Lam Group for $31 million earlier this year, will now operate as part of the Hotel Indigo boutique brand and have a soft opening of Aug. 1. [more]

The yet-to-be-completed, 19-story, 128-guestroom hotel at 231 Duffield Street in Downtown Brooklyn was introduced as Hotel 718 today and is set to open in November, Brownstoner reported. The building was constructed by V3 Hotels, which has had a hand in construction at three other hotels along Duffield Street, including the Aloft Brooklyn, which is just across the street at 228 Duffield and is scheduled to open this month. “As Brooklyn continues to become a major travel destination, we have to provide urban adventurers with an opportunity to stay at hotels that fit their lifestyles and desires,” Daniel Reznik, operations director for V3 Hotels said in a statement.

The $25 milllion Hotel 718, designed by Thomas O’Hara and managed by Benchmark Hospitality International, will feature rooms hooked up with the latest technology, spa service, fitness center and 75-seat restaurant and bar. [Brownstoner]
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