Notorious Times Square hotel will hit the market soon

TRD New York /
January 02, 2014 12:54 PM

The Hotel Carter in Times Square, named the dirtiest U.S. hotel by travel website TripAdvisor in 2006, is expected to hit the market this year.

Since April, John Cruz of GF Management has been running the 615-key hotel at 250 West 43rd Street, between Seventh and Eighth avenues. The company is in the process of addressing 15 outstanding building code violations, some of which involve broken “Exit” signs, insects in the lobby and malfunctioning elevators. 

About 30 rooms on the fourth floor received new Ikea furniture, framed artwork and other upgrades. And the effort appears to be working — occupancy has grown to 74 percent, from 68 percent before GF Management stepped in.

Tran Dinh Truong owned the notorious lodge from 1997 until he died in 2012, according to the New York Times. Then legal struggles plagued the hotel while Truong’s heirs sorted things out (15 children claim to be descended from Truong, some living at the hotel).

Now, Lawrence Wolf of Eastdil Secured will market the property. No asking price was mentioned. Cruz said the revamped hotel will tout its affordability.

“We offer value and a clean room,” Cruz told the Times. “We don’t have expensive tiled floors, chandeliers and snooty bellmen.” Nightly room rates range from $120 to $150.

The hotel was one of five in Midtown sued in 2009 for allegedly making the hotel entrances, registration counters and public restrooms inaccessible to people with disabilities, as reported at the time. [NYT]Mark Maurer


Related Article

arrow_forward_ios
Mensur Cekic, Hudson Yards’ director of residences

From private tutors to meditation sessions, inside NYC’s new amenities battle

Lightstone Group CEO David Lichtenstein and Moxy Chelsea at 105 W 28th Street (Credit: Lightstone and Facebook)

Lightstone gave its neighbors $7M to build a hotel. Then the neighbors secretly went to war, suit claims.

Here are the numbers behind Michael Dell’s record purchase of the Boca Raton Resort

A rendering of Krispy Kreme's Time Square flagship

Krispy Kreme signs deal for flagship at Vornado’s 1601 Broadway

arrow_forward_ios