Nu, Nu Thing at the Smith: Boymelgreen Passes Baton
The long-delayed opening of the new boutique hotel inside Boymelgreen Development’s condo at Smith and Atlantic is going to be put off just a little bit longer. According to a report in last week’s Sun, Pennsylvania-based Hersha Hospitality Trust purchased a “condominium interest” in the 93-room hotel for $17.24 million and is going to spend…
The long-delayed opening of the new boutique hotel inside Boymelgreen Development’s condo at Smith and Atlantic is going to be put off just a little bit longer. According to a report in last week’s Sun, Pennsylvania-based Hersha Hospitality Trust purchased a “condominium interest” in the 93-room hotel for $17.24 million and is going to spend another $6 million rehabbing finishing the property; Hersha expects to open the hotel in the third quarter and will change its name from The Smith to The Nu. (When we last inquired about the property, both the hotel and condo portions were supposedly going to open in January—can any contract holders tell us what’s going on with closings?) Hersha’s many hotels in New York City include three Manhattan Hampton Inns.
City’s Hospitality Industry Inspires Cautious Optimism [NY Sun]
New Developer To Finish Hotel [Brooklyn Eagle]
Update on the Smith: Retail, Move-Ins Coming [Brownstoner] GMAP
Pu wins hands down. Thanks for brightening my day.
And FYI – when I looked at these two years ago they told me that the bottom floors would be sold to a hotel who would finish it and operate separately from the residential units. Love the sarcasm, but it appears this thing has gone on as planned – if slowly. Congrats to the new owner whose wait is over and is finally happy. Have a heart you scoundrels!
How about the Pu?
What about The Clink, Hoosgow or Pokey
I’m call it The Meh.
how bout The Gnu? Now that I could get behind.
Buyer here. While I hated the delays, I am happy with the the building inside and out. And quite a few condos have closed. No interest here in getting out of the contract. Good news about the hotel, though it is old news. Came out a long time ago that Hersha would be heading up the hotel portion.
Hate the name “The Nu” though. That is agreed.
Why not call it The Crapton Inn?
Ad in this past sundays NYTimes for condo at The Smith said immediate occupancy – so sounds like C/O in place and they are ready to close. Maybe not all floors but at least some.
All along it was said (I think) that hotel portion would be run (maybe sold) to someone else. Makes sense. Finally this corner completing.
Now lets get moving on the lots on south side of Atlantic!
One does not have to be a marketing genius to smell the stink of “Nu.”
But since we all play a marketing geniuses (genii?) online, I think we can surely come up with a better name. Something that plays off the fabulous views of the HOD?