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New investor values CitizenM hotel group at $2.6B
Singapore’s sovereign wealth fund has acquired a 25 percent equity stake in CitizenM, a chain of 15 boutique hotels...
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Is CitizenM’s LES modular hotel a gamechanger for prefab construction?
The new 246-foot-tall CitizenM New York Bowery Hotel on the Lower East Side has set a new bar for...
CitizenM lands $83M loan for Bowery hotel
Dutch hotel chain citizenM has landed an $82.5 million loan for its Lower East Side hotel at 185 Bowery, according to property records. The money comes from HSBC and is split between two notes...
CitizenM developing pre-fab hotel on the Bowery
Hotel developer and operator citizenM is planning the 20-story, 300-room project at 185 Bowery. A Dutch company constructed the...
Tiny hotel rooms are growing presence in NYC
A new breed of hotels featuring small, inexpensive rooms is expanding in New York City to serve its ever-expanding...