News for the Hospitality Executive
GFI Development Company Renovating a Twelve-story
Office Building Built in 1903 to a 160 room Hotel
The NoMad Hotel Expected to Bring New Identity to Historic NYC District "North of Madison Avenue"
New York, NY – October 20, 2008 – New York City-based GFI Development Company (www.GFICap.com) is pleased to announce plans for a new luxury property called The NoMad Hotel in one of the last nameless neighborhoods in Manhattan. The renovated hotel, located at 1170 Broadway, will be the first to open as LEED-certified and will bring a new identity to this currently unidentified area in the heart of New York. The opening is slated for Fall 2009.
Standing for ‘North of Madison Avenue’ and located in the Madison Square North Historic District, the ‘NoMad’ area consists of upscale residences, retail shops, creative agencies and renowned restaurants. Intersected by Broadway, Fifth and Madison Avenues, this district will now add a new high-end luxury hotel to its roster.
The NoMad, positioned on the historic block of Broadway at 28th Street,
was originally constructed in 1903 for Caroline Johnston in the flurry
of new building on Broadway up to Penn Station. In the sidewalk outside
the building, a bronze plaque memorializes 28th Street as “Tin Pan Alley”
where many popular theatrical songs were written in the early 20th century.
Drawing upon the building’s 19th French Renaissance architecture, The NoMad
Hotel will be decorated by an internationally-acclaimed interior designer
and will feature a chic French Bohemian décor. The twelve-story
Kentucky limestone property will be including 160 oversized guest rooms
and 11 suites, each with an open, ‘loft-like’ feel that includes wood floors,
high ceilings and extra large windows, allowing an abundance of natural
light into each room, many of which will have views of the Empire State
Building. GFI has engaged Stonehill & Taylor as architects for
GFI Development Company
|Also See:||Following $10 Million Renovation, the 532 room Holiday Inn Martinque on Broadway in New York City to be Reflagged Radisson Hotel Martinique / June 2006|
|Opened in 1990 The 770 room Crowne Plaza Times Square Manhattan Finishing a $85 million Renovation and Gaining a New Name - The Broadway 49 - Times Square; Adds Butler Floor / August 2008|