New boutique hotel coming to Gowanus

Gowanus Inn & Yard will have 82 rooms and is being developed by restaurateur Abramcyk

New York /
Mar.March 14, 2013 08:30 AM

Restaurateur Matt Abramcyk is raising funds for a new boutique hotel in Gowanus, Capital New York reported. The four-story, 82-room hotel will be at 645 Union Street, between Third and Fourth avenues, and will be named Gowanus Inn & Yard, according to an investor memo seen by Capital New York. The memo calls for a $13 million project slated to be completed in 2015, and asks for a further $2.25 million capital infusion. 

Partnering with Abramcyk – best known for Smith & Mills, Super Linda and the Carter Beatrice Inn – is Alec Shtromandel, who was also behind the 43-room Union Hotel On Nearby Degraw Street. The hotel has a third developer, who was not identified.

“The Abramcyk Group is…responsible for the design of all private and public spaces as well as food & beverage development,” the memo goes on to say. “With many years of experience in both restaurant and bar design as well as operational development, it is anticipated that Matt Abramcyk will also serve as a principal of the food & beverage entity which will operate all the hotel’s public spaces.”

Abramcyk declined to comment to Capital New York.

Gowanus is on the fast track to gentrification, with several new hotels and residential projects sprouting up and many others in the pipeline, as The Real Deal previously reported. [Capital New York]  – Hiten Samtani


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
CoStar CEO Andy Florance and FTC chairman Joseph Simons (CoStar; Getty)

FTC sues to stop CoStar’s $585M RentPath buy

FTC sues to stop CoStar’s $585M RentPath buy
Law in order: Ranking New York’s legal power players

Law in order: Ranking New York’s legal power players

Law in order: Ranking New York’s legal power players
Ryan Seacrest and 1196 Cabrillo Drive (Getty)

Ryan Seacrest reaches for stars with $85M Beverly Hills listing

Ryan Seacrest reaches for stars with $85M Beverly Hills listing
1529 3rd Avenue and Banana Republic CEO Mark Breitbard (Google Maps; Getty)

Banana Republic to close Upper East Side store

Banana Republic to close Upper East Side store
David Geffen and 1169 N. Hillcrest Road (Getty, Google Maps)

David Geffen sells “Billionaires Row” dev site for $34M

David Geffen sells “Billionaires Row” dev site for $34M
arrow_forward_ios

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

Loading...