Pearl Diner in FiDi to be replaced with
21-story hotel

Architect George Drallios is the developer

New York /
Dec.December 10, 2018 03:00 PM

Pearl Diner at 212 Pearl Street (Credit: Google Maps)

One of the Financial District’s last standalone diners may soon be no more.

A new 21-floor hotel is set to take the place of the Pearl Diner at 212 Pearl Street, according to documents filed with the Department of Buildings on Friday.

George Drallios of Chaon LLC is the developer. Drallios, a registered architect, founded the Bi2em Design Architecture consultancy in 2005 and has been involved in projects in the U.S., the Caribbean and Russia — including the abandoned Russia Tower project in Moscow and the New Holland Island project in St. Petersburg.

The architect of record for this new 48-key hotel, however, is the prolific Gene Kaufman. Prior to this latest filing, Kaufman was already the architect for three of the six ongoing hotel projects in the Financial District.

According to Department of Building records, this is Drallios’ first time acting as the developer of a project in New York City.


Related Articles

arrow_forward_ios
Blackstone's Ken Caplan (iStock; Blackstone)

Industrial now 36% of Blackstone’s RE portfolio

Industrial now 36% of Blackstone’s RE portfolio
Almanac Realty Investors managing director Matthew Kaplan (Almanac Realty; iStock)

Workforce housing investor gets $320M boost

Workforce housing investor gets $320M boost
Corcoran to sublet 50K sf in IBM Building

Corcoran to sublet 50K sf in IBM Building

Corcoran to sublet 50K sf in IBM Building
 Robert Morse, executive chairman of Bridge Investment Group, one of the major Opportunity Zone investors focusing on real estate.  (Bridge, Stanford)

Opportunity Zone investments got a boost in 2020

Opportunity Zone investments got a boost in 2020
333 Johnson Avenue with Royalton Capital’s Jin Lee, Sciame Construction's Frank Sciame and Normandy Real Estate Partners' Finn Wentworth (Royalton Capital, Sciame, Normandy)

Normandy sued by former partners for hiding Netflix deal

Normandy sued by former partners for hiding Netflix deal
Union Square Park to gain 2 acres in $100M plan (Getty_

Union Square Park to gain 2 acres in $100M plan

Union Square Park to gain 2 acres in $100M plan
Fabric co-founder, CEO Elram Goren (Getty, Elram Goren via LinkedIn)

Startup wants to bring “micro-warehouses” to vacant retail

Startup wants to bring “micro-warehouses” to vacant retail
Security around Trump Tower to be reduced after 45th POTUS leaves office. (Getty, The Trump Organization)

Fifth Avenue will look different after Trump leaves office

Fifth Avenue will look different after Trump leaves office
arrow_forward_ios

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

Loading...