The Real Deal New York

From the archives: Night dawns brightly for hotelier Chatwal

By Steve Cutler | July 09, 2016 02:00PM

Vikram Chatwal and the Dream Hotel (credit PropertyShark)

Vikram Chatwal and the Dream Hotel (credit PropertyShark)

When Vikram Chatwal opened the posh boutique hotel Time just north of Times Square in 1999, it was risky business. Back then, high-style in Times Square was more Walt Disney than Richard Meier. “People said it wouldn’t work,” recalls Chatwal.

Call it good karma: It worked, and survived the calamitous post-September 11 years, getting a sister hotel, Dream, on West 55th Street at the end of 2004. Chatwal will launch his third high-concept hotel, Night, in the same Times Square neighborhood at 132 West 45th Street, perched atop what might be the strongest market for hotels the city has ever seen. Read the full story from the January 2006 issue here.