The designs presented in this volume offer a wide and varied vision of the latest trends in bar and restaurant design, selected from the most cutting-edge, wining-and-dining hotspots in the world. With ...
Skyscraper may house Edition Hotel
Marriott International Inc. has agreed to buy New York’s famous Clock Tower building and will likely house an Edition Hotel in the historic building, The Wall Street Journal reports. Marriott signed a contract earlier this month to pay $165 million to Africa Israel USA for the property, people familiar with the matter told the business newspaper.
Marriott becomes the latest in a long line of big names in the real-estate industry that either owned or agreed to buy the Clock Tower with plans to convert the 1909 office building into a hotel or luxury residence. Most recently, fashion designer Tommy Hilfiger had looked into turning the tower into a hotel, but that deal fell apart.
People familiar with the property say there are several challenges to converting it into hotel, from its small lobby to limited room for a restaurant and other amenities, the Journal reports. The clock tower was first home to insurer MetLife Inc. and was modeled after the Campanile di San Marco in Venice. At 700 feet high, it was once the world's tallest building.
Did you enjoy this article? Click here to subscribe to the magazine.
