Rooms Hotels

Ace Hotel’s Newest Location Rumored to Be in Brooklyn

Excerpt from Commercial Observer

May 08, 2014 4:00 pm

Skift Take

There’s no doubt been some changes behind the scenes at Ace since the death of founder Alexander Calderwood, but a new spot in Brooklyn would be a signal of future growth and expansion.

— Samantha Shankman

Latest Report: Instagram Strategies for Travel Brands

Robyn Lee  / Flickr

The entrance to the Ace Hotel in New York City. Robyn Lee / Flickr


GFI Capital Resources is close to sealing a deal with the Ace Hotel to open a new lodge under its brand a few blocks away from the Barclays Center in Downtown Brooklyn, Commercial Observer has learned.

Allen Gross, president and CEO of GFI Capital Resources, has nabbed a number of parcels on Bond Street, at the corner of Schermerhorn Street, in an off-market deal, and hopes to bring a trendy Ace Hotel to the site, sources with knowledge of the deal told CO.

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

Concur to Be Acquired by SAP for $8.3 Billion
JetBlue CEO David Barger Will Be Replaced by Current President Robin Hayes
SAP’s $8.3 Billion Acquisition of Concur Means the Death of the Perfect Trip
Register Now for a Webinar on “The Rise of the Silent Traveler”