Sharif El-Gamal’s Dream Hotel starts to take shape

NYC-based architects Stonehill & Taylor to design Garment District property

TRD New York /
Jun.June 16, 2014 06:05 PM

Sharif El-Gamal has tapped New York-based architecture and design firm Stonehill & Taylor to guide the developer’s planned 120,000-square-foot Dream Hotel and retail center in the Garment District.

The firm will design the 205 West 40th Street property’s exterior and interior, the New York Observer reported. MHP Real Estate Services, Soho Properties and Hampshire Hotels Management are partners on the project.

“Their collaborative approach to design has produced internationally acclaimed boutique hotels, including the NoMad, Crosby Street and refinery hotels in New York,” Sharif El-Gamal, chairman and CEO of Soho Properties, told the Observer of the selected architects. “Stonehill & Taylor has also created prototype designs for brand new brands for some of the world’s largest hospitality flags.”

The hotel will be Hampshire’s third Dream Hotel in Manhattan, joining the chain’s other locales at 210 West 55th Street and the flagship Dream Downtown at 355 West 16th Street. The partnership trio purchased the site in October for $61.5 million as part of a development project valued at over $300 million. [NYO]Julie Strickland

Related Articles

Dream Hotel Group's Sant Singh Chatwal (left) and Charles Holzer (right) and 355 West 16th Street (Credit: Getty Images and Google Maps)

Land under Dream Downtown hotel sells
for $175M

Behind a $10M construction showdown at Sharif El-Gamal’s 45 Park

Happy Hour: Sharif El-Gamal secures $270M in financing for Margaritaville site

Dream Hotel Group lands $56M loan for Midtown portfolio

Sharif El-Gamal and MHP are now planning a Margaritaville hotel in Times Square

Corcoran Sunshine takes over from Stribling at 45 Park Place

Eli Cohen buys distressed debt on El-Gamal and MHP Real Estate’s Dream Hotel site

El-Gamal claims Hidrock used insider info to “usurp” Dream Hotel site