by Lisa A. Grimaldi | November 03, 2010

 Hyatt Hotels Corp. and Hersha Development have signed long-term franchise deals for two new-build properties in New York City, scheduled to open next year. The Hyatt-branded, full-service hotels are a 175-room property in Greenwich Village, near Union Square, and a 116-room contemporary property in Midtown, to be called Hyatt 48Lex.