New York City

NYC skyline

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

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