by Lisa A. Grimaldi | June 01, 2017
With an expected inventory of 137,000 hotel rooms by 2019, the Big Apple has the most active hotel development pipeline in the country, according to NYC & Co. That number was revealed yesterday by the destination marketing organization along with an update on major city developments, including infrastructure work, new attractions and more.
Among the properties debuting in the coming months are the 612-room Moxy NYC Times Square, opening this August; Public, the 367-room Ian Schrager Hotel opening this month; and the Hoxton Brooklyn, with 175 rooms, opening by the end of the year.
Among the new attractions coming to New York City are the National Geographic Encounter: Ocean Odyssey, a "a jaw-dropping interactive undersea journey" in the heart of Times Square, debuting this October, and the immersive NFL Experience Times Square, coming in November. Upcoming developments in Staten Island's Destination St. George "urban getaway" complex include the Empire Outlets (opening in mid-2018) and the New York Wheel ride (to begin rolling in June 2018). And in the largest private real-estate development in the United States, Hudson Yards will debut in 2018-19 with 17 million square feet of commercial and residential space, including New York City's first Neiman Marcus department store, a 150-room Equinox hotel and the Thomas Heatherwick-designed pavilion, Vessel.
"The 'new' New York City is experiencing a period of momentous growth with groundbreaking developments across all five boroughs," said Fred Dixon, president and CEO of NYC & Company.