At Cooper Square Hotel, Balazs to rectify “mistakes” of former owners

New York /
Jan.January 30, 2012 12:30 PM

Hotelier Andre Balazs is planning to reconfigure the Cooper Square Hotel into a “cost-conscious… center of a community,” and not a nuisance for its neighbors, he told the Wall Street Journal, following “mistakes” made by the hotel’s previous owner.

“I know the guys who built [the Cooper Square Hotel] originally, and I thought they miscalculated a bunch of things,” said Balazs, who purchased the hotel at 25 Cooper square, in November 2011 from Westport Capital Partners and has made plans to turn the property into a more subdued version of his first Standard Hotel in the Meatpacking District.

“The way it was developed and built was completely misconceived in terms of its use as a public space and in terms of its relation to the neighborhood,” he said. “It’s a very residential community and they managed to make a design that pissed off the neighbors immediately. That’s a mistake. That’s not what we’re going to be about… Good hotels are a center of their community, and you can’t be the center of a community if the person next door to you can’t sleep.”

Balazs is expected to spruce up the 105 rooms, renovate the public space and redo the recently opened restaurant on the 21-story building’s ground floor, now called the Trilby. Rooms will start at about $190 per night. [WSJ]

 

Related Articles

arrow_forward_ios
The Watson Hotel at 440 West 57th Street (Google Maps)
Developers already eyeing commercial-to-resi conversions
Developers already eyeing commercial-to-resi conversions
Photo illustration of Brookfield Property Partners’ Brian Kingston (Brookfield, iStock)
Struggling hotel company handing Brookfield the keys
Struggling hotel company handing Brookfield the keys
Rendering of H Hotel, slated for 58 West 39th Street (Peter Poon Architects)
Heavy hangover: Air rights purchased for massive cantilever
Heavy hangover: Air rights purchased for massive cantilever
Watson Hotel at 440 West 57th Street (Google Maps)
Manhattan hotel trades in biggest distressed lodging deal of pandemic
Manhattan hotel trades in biggest distressed lodging deal of pandemic
Lightstone Group CEO Mitchell Hochberg and Marriott International CEO Anthony Capuano with a rendering of The Moxy Williamsburg (Getty, Lightstone, iStock)
Marriott, Lightstone Group bet on hotel recovery
Marriott, Lightstone Group bet on hotel recovery
(iStock/Illustration by Kevin Rebong for The Real Deal)
Travel roars back — and summer rentals book up
Travel roars back — and summer rentals book up
Bolivar Development's Peter Fine and 401 West 218 Street. (Google Maps)
10 biggest new project filings in NYC
10 biggest new project filings in NYC
Sonder CEO Francis Davidson. (Sonder, Google Maps)
Sonder to open in Flatiron Hotel next month
Sonder to open in Flatiron Hotel next month
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...