Hyatt Hotels Corporation and Extell Development Corporation have announced that they will introduce the legendary Park Hyatt luxury brand to New York with a newly-constructed hotel designed by world-renowned, Pritzker Prize-winning architect Christian de Portzamparc.A Hyatt subsidiary and Extell have formed a joint venture that will acquire the hotel upon its completion, subject to the completion of certain contractual milestones.
Park Hyatt New York will be located at 157 West 57th Street between Avenue of the Americas and Seventh Avenue, across from Carnegie Hall. Slated for completion in 2012, the 210-room hotel will be part of a 90-story mixed-use tower that will also feature 135 Thomas Juul-Hansen-designed luxury condominiums with breathtaking views of Central Park and the New York skyline.
In addition to a distinctive bar and restaurant and 5,000 square feet of retail space, the property will include a premier meeting facility with a grand ballroom and distinctive event space, as well as a lavish spa, fitness centre, and indoor swimming pool in a three-story aerie at the top of the hotel. The world-class hotel will reflect Park Hyatt’s intimate and understated elegance with interiors designed by the design firm Yabu Pushelberg.
Currently, discerning global travellers look to Park Hyatt for luxurious, elegant accommodation and personalised, attentive service in 25 destinations, including many of the world’s premier locations, such as Beijing, Buenos Aires, Carlsbad, Chicago, Dubai, Goa, Hamburg, Istanbul, Jeddah, Melbourne, Mendoza, Milan, Moscow, Paris, Saigon, Seoul, Shanghai, Sydney, Tokyo, Toronto, Washington, D.C., and Zurich. Twelve previously announced Park Hyatt hotels are under development, which, when completed, will increase the number of Park Hyatt properties worldwide to 38 over the next five years.
