An Ace Hotel for the L.E.S

March 2014 | by | in Daily Eye

The Ace Hotel on W. 29th Street. (Photograph courtesy of Ace Hotel)

The Ace Hotel on W. 29th Street. (Photograph courtesy of Ace Hotel)

Lower Manhattan is getting an Ace Hotel to call its own. The new, 180-room building will open in two years in the former Salvation Army Chinatown Shelter, purchased by Omnia Group and North Wind Group for $30 million, according to the New York Post.

The nonprofit has occupied the building at 223-225 Bowery since 1972 and will now be relocating to Brooklyn. During its stay in the 55,000-square-foot space, it only used the first two floors; the remaining eight have been vacant for about 13 years. Before that, they were used as a single-room occupancy hotel, with each floor containing 40 tiny rooms and one communal bathroom. The hotel will open following a gut renovation. Some residential condominiums ight be added as well.

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