West 38th Hotel, New York

Property details
Name: West 38th Street Hotel
Project Metrics: 150,000 sq ft
Acquisition Date: October 2014
Location: 345-353 W 38th Street, New York NY

In October 2014, Quadrum acquired fee simple interest in a 25,000 sf site located in Midtown West along the path of revitalization between Times Square, and the future Hudson Yards development and the Jacob Javits Convention Center.

Quadrum is currently intending to develop the site as a boutique lifestyle hotel with a lobby restaurant and rooftop bar that is differentiated from the typical select service hotels in the surrounding area. Construction is expected to commence in 2017.