The Real Deal New York

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

Architect George Drallios is the developer
By Kevin Sun | December 10, 2018 03:00PM

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.