Permit Issued For First President Street Hotel
There have been a couple developments on Gowanus’s nascent hotel row, President Street between 3rd and 4th avenues. First off, the DOB issued a new building permit for a four-story hotel on the corner of 3rd Avenue, above. This one is rumored to be an economy chain with 50-some-odd rooms. Second, SAI Hospitality closed on its purchase of 561 President for $6.2 million, according to public records. The warehouse is one of two on the block that SAI plans to demolish and replace with high-end hotels. If all the hotels get built, there’ll be almost 300 new rooms on a single Gowanus block. Sort of boggles the mind, no?
Developer Plans Two Hotels on One Gowanus Block [Brownstoner] GMAP
Another Gowanus Hotel Takes Shape [Brownstoner]
Feb 09, 2012 | 11:02 AM