by Lisa A. Grimaldi | October 03, 2017
The 189-room Mondrian Park Avenue has opened in New York City's NoMad neighborhood. Owners SBE initially conceived the property as an SLS hotel; the project evolved following SBE's late 2016 acquisition of the Morgans Hotel Group, which owned the Mondrian brand.
 
The new hotel is in a former office building erected in 1918. The property offers 7,000 square feet of meeting space, as well as the 120-seat Cleo restaurant, which offers a modern twist on the ingredients and cultures of the eastern and southern Mediterranean. Two happening evening spots are on-site: Fifteen Stories, a rooftop lounge and adjacent outdoor terrace, will feature music and other activities nightly, serving drinks and light bites from a central bar; and Yours Truly, a subterranean nightclub, takes the fun underground.
 
"We're thrilled to open our doors to guests and have them discover the unique lifestyle experience within. We look forward to becoming a pivotal hub for culture within the neighborhood, while providing guests with a stylish and comfortable place to relax and dine," said David Moinian, owner of Mondrian Park Avenue.
 
"The Mondrian brand aligns perfectly with the NoMad neighborhood, and is an extremely valuable brand for SBE," said Sam Nazarian, founder and CEO of SBE. "Its international allure is why we chose to give it priority in New York, and I'm excited that this property will be SBE's first collaboration with New York's real-estate powerhouse family David Moinian and Moin Development."