New Search     

Midtown Manhattan Residential and Hotel Property: New York, New York

Midtown Manhattan Residential and Hotel Property: New York, New York

Description

Conducted a marketability analysis for the potential re-development of a 700-unit rental apartment complex into a mixed-use development with possible hotel, residential rental, residential for-sale, and retail components. The study recommended the unit mix, unit sizes, pricing, product features, amenities, projected absorption, and buyer profile for the residential components, as well as recommended hospitality branding opportunities, hotel unit mix, average daily rates, and occupancy projections. The site has excellent potential to be re-developed into a quality mixed-use development with a focus on residential and hotel uses, as well as complimentary retail uses to service the residents and guests of the hotel. The existing property holds an excellent location within a major tourism and business hub of Manhattan.

 
  Home | About Us | Services | Projects | Client Access | Contact Us Copyright © 2012, The Weitzman Group, Inc. All rights reserved.