NoMad Hotel Acquires NYC Site for $6M
Wednesday June 26th, 2013 - 10:02AM H
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
NEW YORK—The NoMad Hotel has acquired a five-story, mixed-use building here at 10 West 28th St. from Silvershore Properties for approximately $6 milion.
The building is adjacent to the hotel.
“The NoMad Hotel saw this as a great opportunity to increase [its] space and offerings and we agreed,” said Jason Silverstein, who with David Shorenstein, is a principal of Silvershore Properties.
Housed in a Beaux-Arts building on 28th St. and Broadway, the Jacques Garcia-designed NoMad Hotel has 168 rooms.
Tags: • Hospitality • Ownership •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.