Ian Schrager proposes a second Edition in NYC

TRD New York /
Nov.November 19, 2013 11:50 AM

Hotelier Ian Schrager has plans for not one but two Edition hotels in the city.

The Clock Tower Edition Hotel is under construction at 5 Madison Avenue, between East 23rd and East 24th streets in the Flatiron district, with an expected opening date of early 2015. But the dashing developer is also planning a second Edition at an undisclosed New York City location. Schrager launched the brand with Marriott International in 2008. 

Schrager disclosed the plans on the Edition website, as spotted by the blog Hotel Chatter. Other Edition hotels in the works include ones in Shanghai, Paris, Miami, Bangkok, Abu Dhabi and West Hollywood – all set to open over the next four years, Hotel Chatter said.

Marriott was in talks in August to sell the Clock Tower site to the Abu Dhabi Investment Authority, along with two other hotels, for a total of $800 million, as previously reported. In 2011, Marriott bought the 220,000-square-foot office tower overlooking Madison Square Park from Africa Israel for $165 million. [Hotel Chatter]Mark Maurer


Related Articles

arrow_forward_ios
215 Chrystie Street (Credit: HFZ Capital Group)

Schrager closes Public hotel amid coronavirus outbreak

Schrager closes Public hotel amid coronavirus outbreak
Survivors accused Hilton, Marriott, Wyndham and others of knowing about sex trafficking on the property and still financially benefitting (Credit: Wikipedia Commons, iStock)

Major hotel chains named in sex trafficking lawsuits

Major hotel chains named in sex trafficking lawsuits
Marriott Vacations Worldwide CEO Stephen Weisz and 33 West 37th Street (Credit: Google Maps)

Marriott Vacations buys six Midtown commercial condos for $86M

Marriott Vacations buys six Midtown commercial condos for $86M
Clockwise from left: AC Hotel Midtown Miami, E11even and the Gabriel Miami (Credit: iStock, Wikipedia)

$1K a night, easy: South Florida hotels score high rates for Super Bowl LIV

$1K a night, easy: South Florida hotels score high rates for Super Bowl LIV
181 Varick Street (Credit: Google Maps)

Claremont Companies buys Soho Marriott for $59M

Claremont Companies buys Soho Marriott for $59M
Union Square W Hotel at  201 Park Avenue South (Credit: Wikpedia)

Marriott buys Union Square W Hotel

Marriott buys Union Square W Hotel
WeWork leases in Soho and Flatiron could be in trouble, according to a report (Credit: iStock)

WeWork leases in Soho, Flatiron most at risk: report

WeWork leases in Soho, Flatiron most at risk: report
OYO Hotels CEO Ritesh Agarwal and OYO Townhouse in Dallas, Texas (Credit: OYO Hotels and Getty Images)

Indian hotel startup to launch in NYC, LA with $300M US investment

Indian hotel startup to launch in NYC, LA with $300M US investment
arrow_forward_ios

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

Loading...