search

The Real Deal Logo

Trending

Tides’ original investors may be wiped out by preferred equity dealTides’ original investors may be wiped out by preferred equity dealFort Lauderdale crane collapse victim seeks over $50M in damagesFort Lauderdale crane collapse victim seeks over $50M in damagesLandlords to Rent Board: The Bronx will burn againLandlords to Rent Board: The Bronx will burn againLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splits
Commercial
New York

Serial hotel developer isn’t done with the Bronx yet

Nehalkumar Gandhi has filed nine hotel permits in the last 15 months, and now has plans for Tremont

Rendering of 1893 Washington Avenue in Tremont (Credit: virses.com)
Rendering of 1893 Washington Avenue in Tremont (Credit: virses.com)

Prolific hotel developer Nehalkumar Gandhi filed plans for yet another hotel on Tuesday: a 66-key development in the Bronx.

The seven-story hotel would be located at 1893 Washington Avenue in Tremont and span 23,897 square feet, according to plans filed with the city’s Department of Buildings. Amenities would include an exercise room and a breakfast room.

Gandhi has filed plans for nine hotels in the past 15 months, including a 47-key development at 3466 Webster Avenue in Norwood and a 72-key hotel at 1668 Eastern Parkway in Crown Heights.

Sign Up for the undefined Newsletter

Although many of his hotels are in the outer boroughs, including six in Brooklyn and Queens and two in the Bronx, he has filed plans for a 48-key hotel on the Lower East Side as well.

Architect Manish Savani said they have not settled on a hotel brand yet, but it will likely be in the range of a Comfort Inn or a Days Inn. The target date for starting construction is sometime this year.

Israel Schwartz’s Wilfred Realty Corp is planning to build a mixed-use residential building with 190 units across the block from the proposed hotel at 1880 Bathgate Avenue.

Tags
Commercial Real EstateDevelopmentHotel Market