The Real Deal New York

After decade-long search for buyer, Lower East Side hotel gets relisted

Seller asking $19M for Blue Moon Hotel on 110 Orchard Street

August 25, 2014 03:30PM

The Blue Moon Hotel in the Lower East Side

The Blue Moon Hotel in the Lower East Side

The Blue Moon Hotel has relisted with YGNY realty, and the going price is still $19 million.

The hotel has been on the market for the current price for more than a year. The property, which is located at 100 Orchard Street, has been on the hunt for a new owner for about a decade.

Apparently, the language on the listing took its cues from a 2006 version, stating “this is prime opportunity for a hotel user; they can also use it for selling time-shares, or turn it into a condo hotel. The property would also make a great bed and breakfast opportunity, for an institution as school or an opportunity to piece together a series of galleries in one space on a historic museum block.”

Blue Moon offers guests 22 period-specific rooms.

Earlier this year, New Jersey-based Century Capital Partners loaned the hotel $7 million for renovations. [Curbed] — Claire Moses

  • timbernational

    I would just like to laugh out loud….Try for 15M.

  • The RE kid

    Longest listing on the market in NYC –