In the News: New Temple Court Hotel Plans

••• “A joint venture partnership including New York Ace Hotel owner and GFI Capital Resources Group President Allen Gross’ GB Lodging is set to purchase the Temple Court building, a nine-story city landmark at 5 Beekman Street formerly owned by the Chetrit Group and Bonjour Capital.” —The Real Deal UPDATE 8/30/2013: This just came in from the Ace folks:

To note, Allen Gross is not the co-owner of Ace Hotel.

Ace Hotel worked with GFI Development Company, LLC to deliver financing, provide capital and oversee construction and development for Ace Hotel New
York and Ace Hotel & Swim Club in Palm Springs, CA. GFI also developed the sister property to Ace Hotel New York, the NoMad Hotel. Ace Hotel
collaborated with GFI Development Company, LLC to create partnerships at
Ace Hotel New York with The Breslin, John Dory Oyster Bar, Opening
Ceremony, Project No.8, Stumptown Coffee, and No.7 Sub.

Andrew Zobler acted as a managing member of GFI Development Company, LLC during the development period of all three properties. Sydell Group is
unrelated to GFI Development Company LLC, Ace Hotel or any of the development partnerships that created the aforementioned hotels.

Ace Hotel Group owns the Ace Hotel brand and manages and operates all Ace
Hotels. Ace Hotel Group and Atelier Ace are responsible for all design,
marketing and operations, and execute the concept, branding, marketing and
all creative for Ace Hotels in New York, Palm Springs, Seattle and
Portland, and at all future Ace Hotels.

••• Grub Street says Sushi of Gari is opening in June (in the old Bouley Upstairs space), which probably means months later. Although I’m understandably not sure how being on Tribeca Citizen qualifies as “sort of under the radar.” I guess I should be grateful for the link, but would a mention have killed them? Or, for that matter, the NYT?

••• “161 Hudson Street closes off 2.5% since (late) 2007.” —Manhattan Loft Guy

••• Interior designer Thomas Juul-Hansen (who is designing One57) lives in Tribeca, although he doesn’t mention anything about it in his Wall Street Journal Q&A.

••• “The Children’s Museum of the Arts has been flooded with visitors since it opened its new home in Hudson Square this fall.
The 24-year-old museum, where kids exhibit works they create with the help of professional artists, tripled the size of its space when it moved from Soho to a 10,000-square-foot home at 103 Charlton St. in October. Since then, attendance has quadrupled to around 12,000 visitors a month.” —Crain’s

••• The New York Post takes an in-depth look at the drama surrounding Trinity Church and its rector.


1 Comment

  1. Well, if Ace Hotels buying 5 Beekman brings someone like April Bloomfield to the neighborhood, good. If ANYONE will finally clean up the building and do SOMETHING useful with it, good. If it has to be a hotel, maybe not so good, but better than how it’s been for too many years.