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    Knickerbocker Hotel

    1166 Broadway
    New York, NY 10001
    Hotel, Leasing/Rental

    Knickerbocker Hotel is a 300,000 square foot, 16-story Beaux-Arts building that is scheduled to reopen in February 2015 as a four-star hotel following a gut renovation. The building, completed in 1906, constructed of red brick with terracotta details and a mansard roof, was designated a landmark in 1988. The buildings owners have included investor and developer John Jacob Astor IV, and more recently, SL Green, Sitt Asset Management, the Dubai royal family, and Danske Bank. It is also known under the addresses 6 Times Square and 1466 Broadway and is located at the southeast corner of Broadway and 42nd Street. Newsweek magazine and many other businesses called it home in the years since 1920, when Vincent Astor, John Jacobs son, converted it to offices. In July 2010, a partnership made up of Crown Acquisitions, Ashkenazy Acquisition, Chicago-based Walton Street Capital, and Texas-based Highgate Holdings acquired it for $181 million from Danske Bank. The partners split it into a 14-story hotel and two retail condominiums. In late 2011, Texas-based FelCor Lodging Trust acquired a 95 percent stake in the top 14 floors for $109 million. The trust spent $240 million to transform it back into a 330-room hotel. Ashkenazy owns the 35,000 square foot corner retail condo, which currently houses The Gap. MK

    • Address 1166 Broadway
    • neighborhood Penn Plaza
    • borough Manhattan
    • owner Ashkenazy Acquisition
    • owner entity HADDAD NOMAD LLC
    • floors 16
    • Year Built 1903
    • square feet 300,000
    • block and lot 1-00829-0050
    • BIN 1080710
    • Event Sales
    • Building Name former Knickerbocker Hotel
    • Address 1466 Broadway
    • Neighborhood Times Square
    • Borough Manhattan
    • Square feet 298,000
    • Price $ 160,000,000
    • Price per foot $ 536.91