Restaurateur Matt Abramcyk is raising funds for a new boutique hotel in Gowanus, Capital New York reported. The four-story, 82-room hotel will be at 645 Union Street, between Third and Fourth avenues, and will be named Gowanus Inn & Yard, according to an investor memo seen by Capital New York. The memo calls for a $13 million project slated to be completed in 2015, and asks for a further $2.25 million capital infusion.
Partnering with Abramcyk – best known for Smith & Mills, Super Linda and the Carter Beatrice Inn – is Alec Shtromandel, who was also behind the 43-room Union Hotel On Nearby Degraw Street. The hotel has a third developer, who was not identified.
“The Abramcyk Group is…responsible for the design of all private and public spaces as well as food & beverage development,” the memo goes on to say. “With many years of experience in both restaurant and bar design as well as operational development, it is anticipated that Matt Abramcyk will also serve as a principal of the food & beverage entity which will operate all the hotel’s public spaces.”
Abramcyk declined to comment to Capital New York.
Gowanus is on the fast track to gentrification, with several new hotels and residential projects sprouting up and many others in the pipeline, as The Real Deal previously reported. [Capital New York] – Hiten Samtani