Wythe Unleashes Upscale Hotel Trend

Brooklyn has been under-hotel’d since the 1970s, when white flight and the economy polished off the borough’s swanky hotels, where business boomed in the 1950s. Now all that is about to change, with six large and luxurious hotels in the works, plus more than a dozen smaller other hotels, as a feature in The Real Deal’s August print issue explained. It makes a whole lot of sense according to the numbers: Brooklyn has 2.5 million residents vs. Manhattan’s 1.6 million population, but only 4,000 hotel rooms compared with more than 90,000 in Manhattan. Plus of course Brooklyn is now a desirable destination for tourists as well as families visiting residents in the borough. Upcoming big projects, which we have been following for a while, include 1Hotel in Brooklyn Bridge Park, 95 Rockwell Place near the Brooklyn Academy of Music, a restored Bossert Hotel in Brooklyn Heights, and the 36-story 250-room hotel going up next to the Williamsburgh Savings Bank building on Broadway in South Williamsburg.

Beyond Holiday Inn: Upscale Hotel Projects Flood Brooklyn [TRD]
Photo by Wythe Hotel