KSR has exclusively solicited offers to purchase the fee simple interest in the Washington Hotel, a luxury hotel in the center of the Financial District in Lower Manhattan by Battery Park. The hotel features 217 guestrooms and 11,000+ square feet of prime retail. The Hotel may be acquired unencumbered by management and affiliation, presenting an exceedingly rare opportunity for a new owner to pursue a management and affiliation strategy of their choice.
The hotel guest rooms, including the event banquette, lobby bar, and lounge areas, are all union, while the retail/restaurant space is non-union. The opportunity exists in one of the world's strongest-performing commercial real estate markets. The Hotel is defined by a spirit of independence and individuality, offering a unique and distinctive luxury experience at this prime location. Ample meeting spaces and a uniquely distinctive location make The Washington Hotel ideal for business and leisure travel markets.
The Washington Hotel at Albany Street is playing an important role in re-establishing the vibrant and diverse community of Lower Manhattan.