It was all a dream: Barone Management scraps LIC hotel in favor of office building

Developer now plans 85K sf across three stories

New York /
Jul.July 28, 2017 06:03 PM
 

Long Island City may finally be hoteled-out.

Barone Management has scuttled its plans for a 199-key Dream Hotel at 9-03 44th Road and will instead build a roughly 85,000-square-foot office building at the site, according to plans filed Friday with the city’s Department of Buildings.

The building, plans show, would be three stories and 51 feet tall—much shorter than the hotel, which was slated to be 11 stories and 137 feet tall. The site is currently vacant, according to the city.

Barone did not respond to a request for comment.

Barone is still developing hotels elsewhere in the city, including a 175-key Pastana Hotel with Sam Chang’s McSam Hotel Group at 338 West 39th Street and a 100-key hotel at 456 Greenwich Street with Caspi Development.

Long Island City still has plenty of hotels on the way as well, including Japan’s Tokyo Inn, which will be at 24-09 Jackson Avenue and have 1,260 rooms, and Marriott’s TownePlace Suites, which will be an extended-stay hotel at 38-42 11th Street and have 133 rooms.


Related Articles

arrow_forward_ios
Virtual real estate speculators notch another record deal
Virtual real estate speculators notch another record deal
Virtual real estate speculators notch another record deal
 Jeff Sutton of Wharton Properties, 25 West 34th Street in NYC (Google Maps)
Jeff Sutton’s Midtown hotel project snags Sonder as first tenant
Jeff Sutton’s Midtown hotel project snags Sonder as first tenant
Carlyle's Kewsong Lee and Jason Hart with 22-22 Jackson Avenue (Carlyle Group, ODA Architecture)
For $85M, Carlyle nabs another LIC resi building
For $85M, Carlyle nabs another LIC resi building
NYC hotels hoping for holiday business swell likely to be disappointed
NYC hotels hoping for holiday business swell likely to be disappointed
NYC hotels hoping for holiday business swell likely to be disappointed
Clockwise from top left: 2875 Morningside Heights, 38-21 12th Street in Long Island City, 46 Nevins Street in Brooklyn (Google Maps)
Investors flip NYC industrial, hotel, office buildings in pre-holiday frenzy
Investors flip NYC industrial, hotel, office buildings in pre-holiday frenzy
From left: Robert Mercer with 48-05 Metropolitan Avenue and Gary Barnett with 17 West 60th Street (Getty, Google Maps, Bulado General Contractors Corp)
$730M loan bundle funds slew of NYC projects
$730M loan bundle funds slew of NYC projects
Residents at Sven in Long Island City will be able to control the light show atop their building, as well as some in Manhattan. (Spireworks)
LIC tower giving residents chance to light up night
LIC tower giving residents chance to light up night
Workers at 750 Third Avenue will soon be able to get medical check-ups at the office. (Google)
Landlords’ next amenity: Office building health care
Landlords’ next amenity: Office building health care
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...