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Gansevoort Hotel Group Opening of the Gansevoort South Hotel, Spa and Residences,
South Beach in January 2008; The 1960’s Art Deco Roney Plaza
Being Entirely Redesigned


Includes Signature Rooftop Pool, 50-foot Shark Tank and more
 
Miami, FL (October 2007) Following the success of the Hotel Gansevoort in Manhattan, Gansevoort Hotel Group is expanding with the January 2008 opening of the Gansevoort South Hotel, Spa and Residences, South Beach’s most complete luxury lifestyle resort.
 
The 334-room Gansevoort South hotel is infusing glamour into the north end of Collins Avenue (between 23rd and 24th Streets), widely considered to be the next epicenter of South Beach.  The landmark site (once home to the historic Roney Plaza) has been transformed into a lifestyle destination complete with a 334-room hotel and 259 condominiums. The property will feature the flagship DavidBartonGym + Spa, a full city block of luxury boutiques (including the first Miami outposts of INCA, Big Drop and Cutler), an intimate lounge by The Opium Group, restaurants by Philippe Chow and The ONE Group’s STK, and a shark tank with 27 types of fish and sharks that spans 50 feet of the dramatic lobby.
 
Noted architect Stephen B. Jacobs and interior designer Andi Pepper - the team behind the flagship Gansevoort property in New York - have been tapped to infuse their stylish sophistication into the Gansevoort South property. 
 
Like the New York hotel, the signature feature of Gansevoort South will be a 26,000-square-foot rooftop retreat, arguably the largest rooftop playground in the world. A tropical oasis dotted with coco palm trees and whimsical cabanas, the rooftop features a 110-foot elevated swimming pool and Plunge bar and lounge. Soaring eighteen floors high, it will offer uninterrupted views of the Atlantic Ocean, Biscayne Bay and downtown Miami.  
 
Originally constructed in the 1960’s in the classic Art Deco style of South Beach, the building is being entirely redesigned around a private beach club that will anchor the development and serve as its centerpiece and central gathering spot.  On the main level, a 40,000-square-foot semi-circular oceanfront pool plaza boasts an infinity-edge pool trimmed with Bisazza glass tiles in shades of blue and gold.  Teak decking, towering palm trees, oversized circular beds, plush cabanas and tented alcoves surround the pool, creating a relaxing enclave. An expansive bar/restaurant and an oversized Jacuzzi tucked beneath a flowering open-air trellis round out the space.  
In between the pool deck and beach club a private cabana level is tucked into the building, offering a quiet sanctuary with ocean views. Acclaimed Nikki Beach designer Stephane Dupoux brings his signature style to the beach level which features the club’s main bar, seating area, oversized lounges, cabanas, volleyball courts, and fire pits.  
 
Gansevoort Hotel Group, LLC

Gansevoort Hotel Group, LLC (GHG) is a subsidiary of WSA Management, Ltd., a real estate development and management firm whose principals have developed and/or owned over 6 million square feet of office and industrial space, 2000 apartments and 2000 hotel rooms. WSA specializes in finding underutilized assets, whether vacant land or existing buildings, and transforming the property by meeting its highest and best use. The firm generally seeks out ground up construction opportunities because of the greater possible returns, but has also completed substantial renovation projects where the opportunity was particularly rewarding. The principals of Gansevoort Hotel Group, LLC have over 65 years combined experience in the real estate trade. 

Personal Histories

William Achenbaum is the Chairman of GHG and has been active in the construction field since 1959. He was born in Brooklyn, New York in 1936 and attended Syracuse University and New York University. He resides in Kings Point, New York. His areas of expertise include real estate assemblage and financing, design development, construction control and renovation management. He has always had a hands-on involvement in all facets of his business.

Bill has built numerous projects for his own account which include mid and high rise office towers, luxury apartment houses, suburban hotels, industrial and research facilities, and has developed upwards of $1,000,000,000 worth of same.

Bill was Chairman of Newport Hotels Corp., which managed eight hotels with 1,750 rooms and nearly 2,000 employees. The hotels were owned by a partnership in which he was a managing principal. The eight hotels were located in cities ranging from Wichita, Kansas to Binghamton, New York and were comprised of Holiday Inns and Hiltons. Bill was the General Contractor on the new construction of the Somerset Hilton and Convention Center and the General Contractor on the extensive renovation of two of the other hotels. The hotels were sold over the period of 1991-1994. 

In 1998 he completed the redevelopment of the 190,000 square foot former Travelers Insurance Company (80 John Street) building in Downtown New York City into 147 luxury apartment units and a 374 unit independent living project in Edgewater, New Jersey. He is currently the principal owner and development partner of the Hotel Gansevoort project in Manhattan. Bill has operated his own management company for his commercial, residential and hotel properties for the last 40 years.

Bill began his career doing renovations of "Old Law Tenements" into luxury residential buildings Manhattan. He then built one and two family homes and apartment houses in Brooklyn. Bill then went on to build nursing homes in Guttenburg, New Jersey and Riverdale, Bronx as well as social service centers in Manhattan, Brooklyn and the Bronx. He then developed and built a 34-story, 310-apartment building in Manhattan and over two million square feet of office and R D space. The portfolio developed above was planned and built by William Achenbaum using an in-house general contracting subsidiary. 

William Achenbaum is intimately involved with the details of any project that his firm undertakes. He directly oversees his senior staff, to ensure that the development process runs efficiently.

Bill is actively involved in many philanthropic endeavors, including serving as Associate Trustee for North Shore University Hospital, member of the Real Estate Committee of the Federation of Jewish Philanthropies/UJA, and Treasurer of Camp Vacamas, a year-round facility for underprivileged children.

Michael Achenbaum is President of GHG. Michael went to the University of Michigan as an undergraduate and has a JD/MBA from New York University. Prior to joining the company Michael worked at Bear Stearns and Nomura Securities originating commercial mortgage loans for securitization. His primary responsibilities for GHG include managing all new development opportunities, maintaining an effective/responsive relationship with lenders, financial analysis of prospective deals, and handling/negotiating legal issues including leases and loan documentation. Since joining the firm in 1999 he has managed four major development projects for the firm, including Hotel Gansevoort, a 187-key luxury hotel in the Meat Packing District of Manhattan and the forthcoming Gansevoort South and West projects in Miami and LA, respectively. Michael headed the team that physically opened the Hotel Gansevoort NYC and is actively involved in the daily operations of the Hotel and is a principal in the management firm. The ground up development project produced a fantastic 13-story building with rooftop event space, bar and glass surround pool featuring underwater music and changing colored lights.

Arik Kislin is a principal in the projects of Gansevoort Hotel Group, LLC. His primary responsibilities are deal selection and acquiring capital for future/current projects. Arik has a broad background. He has been involved in real estate for over 13 years. His real estate investments prior to joining GHG include properties in Sheepshead Bay (land meant for residential development); Bridgeport, Connecticut (Commercial office building rented to the State of Connecticut); and a piece of land on the border of Queens and Nassau (residential development is underway on the site), across from J.F.K. Airport.

Most significantly, in 1992 Arik arranged the equity for the purchase of a portfolio including Manhattan and Queens properties. This purchase included the Chelsea Markets complex, which was part of a 3.6 million square foot industrial/commercial/retail package. Arik Kislin was the managing member of the group. Arik was responsible for negotiating the various stages of the project financing and purchase as well as creating the strategy for the leasing and redevelopment program.

Oversized Rooms and All the Comforts of Home
Hotel rooms are accented with splashes of hot pink against charcoal gray suede walls, providing an understated backdrop for custom-designed tables, sofas, lounge chairs, oversized mirrors and polished wood headboards. Most of the units have large balconies with dramatic ocean, bay or city views. 1930s and 40s pin-up style photographs add a playful air to the spacious, light-filled rooms. 
 
The 3,500 square- foot Presidential Suite includes two master bedrooms, two living rooms, dining area, kitchen, full bar, an entertainment room, and several outdoor decks with ocean views.
 
DavidBartonGym + Spa
National fitness icon David Barton is opening the newest incarnation of his popular gym and his first-ever spa product at Gansevoort South. The 40,000-square-foot flagship location will include a luxurious spa, yoga studios, and private training.
 
Gourmet Dining Destinations
Gansevoort South will include a new restaurant by Philippe Chow, longtime chef at the legendary Mr. Chow in New York. Serving Philippe’s signature contemporary Chinese cuisine, this two-story, 9,000-square-foot restaurant on the corner of Collins Avenue and 23rd Street will be his first restaurant to open outside of New York City.  
 
Trendsetting STK restaurant will also open its second location outside of Manhattan at Gansevoort South. Maintaining the quality of a traditional steakhouse while reinventing the ambience, clientele and atmosphere, STK first introduced the steakhouse to a young, sexy market in Manhattan’s Meatpacking District and now brings that successful model to South Beach. 
 
Oceanfront Meeting Space
Gansevoort South includes 45,000 square feet of indoor/outdoor meeting space, with complimentary WiFi and state-of-the-art audiovisual and teleconferencing capabilities.
 
For information, please visit www.gansevoortsouth.com or call (305) 604-1000.

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Contact:

Gansevoort South
www.gansevoortsouth.com
(305) 604-1000.
 

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Also See: Robert Van Eerde Named Managing Director of the 334-room Gansevoort South Hotel in Miami's South Beach / July 2007
The 585 room Roney Palace Hotel and Beach Resort Closes; May or May Not Reopen Under New Ownership / September 2004
The 585-room Roney Palace Hotel and Condominiums, Miami Beach Files for Bankruptcy; 11 Partners Cannot Agree On How to Pay for Renovations / February 2004
Real Estate Developer Joseph Chetrit May or May Not Buy the Bankrupt Roney Palace Hotel and Condominiums for $153.5-million / June 2003
Owners of Roney Palace Beach Resort & Spa Appoint Gemstone Resorts International as Manager / Oct 2000
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