Fortuna Realty, Matthew Moinian Set to Open Hotel Hugo

NEW YORK—Fortuna Realty Group, LLC, in partnership with real estate developer Matthew Moinian, is slated to open Hotel Hugo here at 525 Greenwich St. in Hudson Square next month.

Designed by Beverly Hills, CA-based architect Marcello Pozzi, the property will feature 122 guestrooms, including two top-floor suites and a rooftop cocktail lounge with 360-degree city views.  The hotel also will include an Italian restaurant by restaurateur Sean Largotta of Crown Group Hospitality, with both indoor and outdoor seating. 

Drawing inspiration from the neighborhood’s early 20th century architectural heritage, Hotel Hugo’s design juxtaposes raw industrial elements with modern finishes, including high-gloss imported Italian walnut paneling, chrome fixtures and exposed concrete. The entrance of the 20-story hotel features a 17-foot glass façade leading into the main lobby with floor-to-ceiling travertine walls and blue marble flooring. Vertical gardens are positioned throughout the hotel’s ground floor starting with a horticultural structure behind the check-in desk to custom indoor foliage in the restaurant.

Pozzi commissioned Italian craftsmen who flew in woodwork for the hotel and restaurant, including walnut paneling and furniture from Italy. Separated from the lobby by a full-height glass partition, the restaurant also will feature floor-to-ceiling windows that open to the sidewalk for an indoor/outdoor dining experience. A private dining room, designed with a greenhouse and natural light, features a vertical garden wall and large skylight. 

“Hotel Hugo is a jewel box of a hotel in the most thriving and creative neighborhood in Manhattan,” stated Morris Moinian, president of Fortuna Realty Group.

Each of Hotel Hugo’s guestrooms offer expansive closet space and luxury amenities, including Egyptian cotton sheets, custom-made Italian furnishings and Côté Bastide Argan body-care products. Hotel Hugo’s top-floor suites include a separate desk and vanity area and each suite connects to an adjoining king room, allowing for one- or two-bedroom accommodations.

Located on Hotel Hugo’s ground floor, the restaurant will offer Italian comfort food featuring handmade pastas as well as a selection of shared small plates and seafood dishes.  The beverage menu will consist of classic cocktails with an Italian Mediterranean twist. The restaurant capacity is 110 and the private dining room can seat up to 24 persons.  

The hotel will feature 500 sq. ft. of meeting and event space as well as a fitness center with TechnoGym equipment. The meeting space will feature leather chairs and high-tech video conferencing and presentation capabilities.

General Manager David McManus will oversee Hotel Hugo. He previously spent 16 years in various roles with the Denihan Hospitality Group. He will be joined by Director of Sales & Marketing George Kurth, who recently served as DOS/M at the Fitzpatrick Hotel Group. Prior to that, Kurth also spent 16 years with Denihan Hospitality, the last seven as Director of Revenue Management and Distribution for the entire New York portfolio.

Fortuna Realty Group, LLC is a privately held Manhattan-based real estate investment and development company, specializing in high-end hotel and real estate assets. Fortuna Realty Group’s holdings include the Hotel Hugo, the Hotel Indigo Chelsea in Manhattan and The Garden City Hotel on Long Island. The group currently has an additional 1,000 rooms in New York under development or in the planning phase. They are also strategic partners in Mr. C in Beverly Hills and Sugar Bay Resort and Spa in St. Thomas, USVI.


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