by Lisa A. Grimaldi | July 01, 2018
NEW YORK CITY

Local Update


 New York City has one of the most active hotel-development pipelines in the country, with 20,700 guest rooms planned or under construction as of May 2018, all contributing to an expected inventory total of 138,000 rooms by 2020.

 The 452-room Edition Times Square is set to debut by late summer 2018. The property will offer four levels of public space, including a 1,900-square-foot meeting studio, a fitness center, and a 5,800-square-foot beer garden and event deck.

 A 234-room Margaritaville hotel is slated to open in Manhattan in late 2020. The property, which will be built on the former site of a Parsons School of Design venue, will have a Margaritaville Restaurant, a 5 o'Clock Somewhere Bar and a rooftop LandShark Bar & Grill.

 The 83-room Aman New York is under construction in the Crown Building on Fifth Avenue near Central Park. Plans call for a two-story lobby and the Garden Terrace restaurant on the 10th floor. A five-story penthouse will have its own indoor and outdoor pools, and a three-story spa will feature an indoor pool with daybeds and fire pits.

 The 612-room Moxy Times Square has opened with 22,000 square feet of meeting space, including three "studios" -- flexible multipurpose rooms with state-of-the-art A/V equipment -- for meetings and private parties. The hotel's offerings include the Bar Moxy; Legasea, a 185-seat seafood brasserie; Egghead, an all-day breakfast spot, and the Magic Hour Rooftop Bar & Lounge.

 The London NYC has become part of Hilton's Conrad Hotels & Resorts portfolio. Accordingly, the 562-room property will be reflagged as the Conrad New York Midtown following a renovation to be completed by spring 2019.

• The 189-room Mondrian Park Avenue has opened in New York City's NoMad neighborhood. The hotel offers 7,000 square feet of meeting space.

• The 1,298-room Grand Hyatt New York in Midtown Manhattan recently debuted a multimillion-dollar renovation of its Conference Level, including 12,000 square feet of meeting space and 18 breakout rooms.
 
Meeting Hotels: Major meeting properties in the heart of Manhattan include the 1,981-room New York Hilton--Midtown, 1,946-room New York Marriott Marquis, 1,781-room Sheraton New York Hotel and 1,298-room Grand Hyatt New York.

To find and compare hotels, and send RFPs, visit mcvenues.com.

Convention Center: Jacob K. Javits Convention Center; total exhibit space, approximately 840,000 square feet; number of meeting rooms, 102; (212) 216-2000

Airport Transit: John F. Kennedy International Airport, 15 miles from Midtown Manhattan. Transfer cost by taxi, $52.50 plus tolls

LaGuardia Airport, about eight miles from Midtown Manhattan. Transfer cost by taxi, $29-$37 plus tolls

Newark Liberty International Airport, 16 miles from Midtown Manhattan. Transfer cost by taxi, $50 to $75 plus tolls

Taxes: Room tax, 5.875% plus $3.50 per room, per night; sales tax, 8.875%; total tax on hotel rooms, 14.75% plus $3.50 per room, per night

Contact: NYC & Company, (212) 484-1200