Article from BTNews 13 AUGUST 2018
$500m Ritz-Carlton for NY
Marriott International is doubling the presence of its luxury Ritz-Carlton brand in New York City with a US$500m hotel and residences building in the NoMad (North of Madison Square Park) district.
The company has signed an agreement with development firm Flag Luxury Group, which will develop the tower complex. Located at Broadway and 28th Street, it will be designed by award winning architect Rafael Vinoly.
NoMad is a fast-growing centre for creative and tech companies, alongside shopping, dining and nightlife venues, with the 500ft Ritz-Carlton tower including 250 hotel rooms and 16 residences expected to open in 2021.
Features will include a fine-dining restaurant, an example of the brand's Club Lounge, a signature Ritz-Carlton spa and fitness centre, and a chic rooftop bar. A large public garden and open terraces will feature greenery and trees.
Two ballrooms will accommodate corporate and social gatherings, while nearby Madison Square Park, a New York public space since 1686, will give guests access to a full schedule of cultural, culinary and family events.
Marriott International executive vice-president Tony Capuano said: “"We are thrilled to be working with Flag Luxury Group to bring this significant project to the NoMad area, which thanks to buzzing restaurants and bars, unique retail and notable architecture has become one of Manhattan's most popular districts.”
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