Three of many major hotels planned for Midtown, Manhattan
Nearly 65 million tourists visited NYC in 2024, marking the second-highest total in the city’s history. With early data suggesting 2025 could surpass all previous records, the economic impact of tourism remains staggering: a $79 billion industry supporting 388,000 jobs—roughly 9% of the city’s workforce.
As tourism continues to rise in New York, so do new hotels. Hotel openings and reopenings are about to bring thousands of new rooms to meet the demand of the great tourist influx.
As tourism continues to rise in New York, so do new hotels. Hotel openings and reopenings are about to bring thousands of new rooms to meet the demand of the great tourist influx.
While hotels are often seen as places to rest, there’s nothing sleepy about the latest developments in New York’s hospitality sector. Last fall's much-anticipated reopening of The Surrey, a nearly century-old luxurious Upper East Side landmark, sparked immense interest—not only among travelers but also in the real estate market. Thirteen of the building’s fourteen luxury residences sold out before any official marketing campaign had even begun.
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Other storied establishments are also making dramatic returns. The Four Seasons New York, The Waldorf Astoria, and Hotel Elysée are all set to welcome guests once again, promising luxurious updates and renewed grandeur.
Below we outline 12 new openings or reopenings coming to the city which will create over 6,000 new rooms for visitors.
Below we outline 12 new openings or reopenings coming to the city which will create over 6,000 new rooms for visitors.
Owned by the Pakistan government, the 1,025-key Roosevelt Hotel shuttered in October 2020, and has been leased by the city as a migrant shelter for the last two years. Insiders who are pitching the iconic full-block hotel building as an office redevelopment say it's unlikely the hotel will return after the city's lease is up due to the cost of renovating the rooms.
Midtown Hotel Reopenings
Four Seasons New York
57 East 57th Street
219 rooms | Make a reservation here
57 East 57th Street
219 rooms | Make a reservation here
After being closed for nearly five years, Pritzker Prize laureate I.M. Pei’s Art Deco-inspired Four Seasons Hotel New York, located between Madison and Park Avenues, reopened in November 2024. The 52-story iconic hotel welcomes guests with I.M. Pei’s iconic lobby’s dramatic 33-foot glass ceiling and honey-toned marble floors and columns enhanced with sculptural florals, flanked by two dining outlets upstairs and open to the grand lobby on either side. The hotel has 219 accommodations, including 138 junior suites, 59 standard suites, and five signature suites. Rooms have either skyline or Central Park views and range in size from 500 square feet to 4,300 square feet for the largest suites.
The Garden at the Four Seasons Hotel New York recently reopened just off its iconic I.M. Pei-designed lobby
Waldorf Astoria New York
301 Park Avenue
375 rooms | Make a reservation here
301 Park Avenue
375 rooms | Make a reservation here
After being shuttered eight years ago, the $1 billion restoration of the iconic Waldorf Astoria New York is expected to be completed this spring. Led by architecture firm Skidmore, Owings & Merrill (SOM), the 94-year old landmark is being converted from 1,400 hotel rooms to 375 condominiums atop the reimagined 375-key Waldorf Astoria New York hotel. Residences range from studios to four bedrooms and penthouses, many with unique floor plans and private terraces.
In February 2025, the hotel announced the closing on its first residences, marking a new chapter for the iconic Park Avenue property. The residences were designed by 2025 AD100 designer Josh Greene and B&B Italia. Additionally, the 30,000 square foot Grand Ballroom was restored and modernized, as well as the restoration of the original ornate plaster using molds of original designs, refinishing and recreating nickel bronze details and others are repairing murals and matching up original paint color schemes, and making the building more efficient. Frank Mahan, senior designer at SOM, told Daily Commercial News, “The hotel is not going for any (green efficiency) certifications but will be much more efficient and the larger intent of preserving, reusing and revitalizing our existing buildings because of the embodied carbon inherent to them is the most important thing we can do.”
Future Midtown Hotel Openings
Hotel Elysée
60 East 54th Street
Building expansion + room reduction to 80 suites
60 East 54th Street
Building expansion + room reduction to 80 suites
Hotel Elysée has a storied past. Built in 1926 by Swiss architect Max Haering, the Elysée was named after the fanciest French restaurant at the time. Tennessee Williams, who lived in the hotel for 15 years and died in the hotel's Sunset suite, supposedly haunts its halls. Marlon Brando, who stayed there often, had a room named after him. And its infamous Monkey Bar, a well known mafia meeting place that made frequent appearances on Mad Men and Sex and the City, has since been redesigned by David Rockwell in 1995.
Bought by hoteliers Richard Born, Ira Drukier, and Henry Kallan in 2016, the 15-story, 103-key hotel will reopen in 2026 after its expansion led by Daniel Goldner Architect is completed. This will involve increasing the building’s height of the building while reducing room count from 105 to 80, perhaps, we suspect, in an effort to make the hotel more high-end, following in the footsteps of the highly successful Four Seasons New York and The Surrey, a Corinthia Hotel.
The Hotel Elysee, located off Park Avenue next to Lever House, is being enlarged and upgrade
Wellington Hotel redevelopment
871 Seventh Avenue
871 Seventh Avenue
In 2023, The Real Deal reported that Extell Development planned to renovate the century-old Wellington Hotel near Billionaires' Row, transforming the 27-story, 214,000-square-foot structure into a hotel with ground-floor retail, business amenities, and guest rooms on floors 8 through 27. However, according to Department of Buildings records released last week, Extell now intends to demolish the property and construct a 716-foot-tall hotel and residential tower.
The plan involves razing three adjacent sites—859 to 867 7th Ave. and 147 W. 55th St.—to make way for the new development. The first 10 floors of the tower would accommodate hotel space, storage, ground-level retail, a parking garage, restaurant space, and recreation facilities, while floors 11 through 54 would house residential units, along with two mechanical and storage floors and a rooftop recreation area. Extell is collaborating with Ancora Engineering for the demolition and has enlisted architecture firm Beyer Blinder Belle to design the new mixed-use building.
The plan involves razing three adjacent sites—859 to 867 7th Ave. and 147 W. 55th St.—to make way for the new development. The first 10 floors of the tower would accommodate hotel space, storage, ground-level retail, a parking garage, restaurant space, and recreation facilities, while floors 11 through 54 would house residential units, along with two mechanical and storage floors and a rooftop recreation area. Extell is collaborating with Ancora Engineering for the demolition and has enlisted architecture firm Beyer Blinder Belle to design the new mixed-use building.
224 West 47th Street
136 rooms
136 rooms
Rendering of 224 West 47th Street (Gene Kaufman Architect)
Omnibuild is in the process of converting a Times Square 11-story bank and office space built in the 1920s into a 25-story, 136-room boutique hotel for Cambria Suites. Designed by Gene Kaufman Architect and developed by McSam Hotel Group, the project was reportedly halfway completed at the end of January.
711 Seventh Avenue
400 rooms
400 rooms
Rendering of 711 Seventh Avenue (Gene Kaufman Architect)
Construction is progressing on 711 Seventh Avenue a 32-story hotel tower in Times Square off 48th Street designed by Gene Kaufman Architect and developed by Flintlock Construction Services and Atlas Hospitality. The 343-foot-tall hotel tower will feature 400 guest rooms. The hotel will operate under IHG Hotel & Resorts’ voco brand. A $120 million loan from Beach Point Capital Management is financing the project.
32 West 48th Street
534 rooms
534 rooms
Rendering of 32 West 48th Street (SLCE Architects)
In Midtown Manhattan’s Diamond District, a 31-story hotel tower developed by Extell and designed by SLCE Architects will house 534 guest rooms, averaging just over 300 square feet in size. AECOM Tishman is the general contractor for the project, located between Fifth and Sixth Avenues.
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The Windemere Hotel
400 West 59th Street
TBD
400 West 59th Street
TBD
The Windemere with scaffolding finally down in early March 2025
After years of neglect and a dark history of tenant harassment, the Windermere Hotel is finally being restored, with plans that could see it return as an apartment building or hotel once more. Once a haven for single working women in the early 20th century, the historic Hell’s Kitchen building later fell into disrepair, becoming an SRO plagued by crime before being vacated in 2009. Now, with the scaffolding finally down and approvals secured for a historically faithful storefront restoration, the Windermere may finally return to its former glory.
1150 Sixth Avenue
310 rooms
310 rooms
Rendering of shelved design of the Kingsley Hotel via Ismael Leyva Architects
Updated permits have recently been filed for a stalled high-rise hotel development at 1150 Sixth Avenue, between West 44th and 45th Streets. Originally proposed ten years ago by Morris Moinian's Fortuna Realty Group as a 41-story, 426-foot tower with 310 hotel suites, the site had remained dormant since 2017. However, after an attempt to sell the site, updated permits were filed starting in spring 2024, now listing hospitality specialists Stonehill & Taylor as the architects of record. The revised plans retain a similar layout, with an average of 10 rooms per floor from levels 6 through 37, a restaurant at the base, and a rooftop bar with an outdoor terrace on the 38th floor. With the site long cleared and growing weeds, construction could begin this year.
Hotel Meta
450 Eleventh Avenue
379 rooms
450 Eleventh Avenue
379 rooms
Looking a bit like a filed down 56 Leonard, Hotel Meta will be operated by Marriott Hotels and have 379 guest rooms and amenities including a full-service restaurant, private boardroom, meeting rooms, a ballroom for weddings and receptions, a bar and lounge, and a fitness center. The hotel was designed by DSM Design Group and developed by Marx Development Group.
The window-less lot-line walls of the tower that are painted black are a bit trippy. Still several years out, Tishman Speyer's proposed office tower 99 Hudson Yards will wrap two sides of the tower.
495 Eleventh Avenue
666 rooms
666 rooms
Designed by F/X Collaborative for Pillar Management, this mixed-use high-rise development will rise on the former site of the New York Butchers’ Dressed Meat Company and adjacent to the Javits Center. It will include a Marriott-branded hotel with 666 rooms and comprise approximately 800,000 square feet with two 60-story towers on a common 5-story podium. The 693-foot north tower will house 358 residential units.
1710 Broadway
673 rooms
673 rooms
1710 Broadway is forthcoming 633-foot-tall hotel tower under construction in Midtown West at the corner of West 54th Street. Designed by Moss Architects and developed by RIU Hotels & Resorts, the 54-story skyscraper will feature 673 hotel rooms, two 300-seat restaurants, and a lounge bar.
HDSN
418 Eleventh Avenue
455 rooms
418 Eleventh Avenue
455 rooms
FXCollaborative along with the Hudson Boulevard Collective (composed of BRP Companies, BXP, The Moinian Group, and Urbane Development) will construct the HDSN (pronounced "Hudson") project to redevelop Site K, the Hudson Yards block between West 35th and 36th Streets along Eleventh Avenue, directly across from the Jacob K. Javits Convention Center. It will consist of a $1.35 billion two-tower complex with an east tower which will stand 72 stories with 1,349 residential units, including 404 permanently affordable homes, and a west 28-story tower with a 455-room hotel. Construction isn’t expected to start for another three years.
Wynn New York City
Hudson Yards West
1,500 rooms
Hudson Yards West
1,500 rooms
When the application process for a New York City casino license opened in 2023, Related Companies and Wynn Resorts were among the earliest applicants. Their plan called for a casino as well as office, residential and hotel spaces, new park, and a public school on the undeveloped railyard portion of the Hudson Yards campus. Assuming the most current version of the plan moves forward, Wynn New York City will have 1,500 rooms and 238 residences.
However, this new proposal will cut the number of market-rate units promised to about 1,500, down from the initial 5,800, while the number of affordable units (about 300) remains the same. Gothamist reported opposition to the plan, and local community leaders are pushing back, citing the housing crisis and demanding more residential units.
However, this new proposal will cut the number of market-rate units promised to about 1,500, down from the initial 5,800, while the number of affordable units (about 300) remains the same. Gothamist reported opposition to the plan, and local community leaders are pushing back, citing the housing crisis and demanding more residential units.
Wynn's casino and 1,500-room hotel proposed for Hudson Yards West
The Torch
740 Eighth Avenue
825 rooms
740 Eighth Avenue
825 rooms
The 1,067-foot-tall mixed use skyscraper developed by Extell and designed by ODA with SLCE Architects will house a 825-room hotel on the lower half and a public outdoor observation deck with a Disneyland-esque drop ride attraction above. On the border of Times Square and Hell’s Kitchen, the top of the Torch renderings look very much like a tornado rising from the city skyline.
Designed by Gene Kaufman Architecture for XK Capelli & Al Rayyan Tourism Investment Company, the 626,000-square-foot mixed-use development project will include a ground floor hotel lobby, parking at the sub-cellar, retail spaces, restaurant, landscaped terraces, and rooftop bar. There will also be a 595-foot tall, 46 story tower with 20 commercial space floors (offices) at the lower portion of it, and 19 residential rental floors at the upper portion of the tower, including an amenity space with a terrace on the 46th floor.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?
Contributing Writer
Michelle Sinclair Colman
Michelle writes children's books and also writes articles about architecture, design and real estate. Those two passions came together in Michelle's first children's book, "Urban Babies Wear Black." Michelle has a Master's degree in Sociology from the University of Minnesota and a Master's degree in the Cities Program from the London School of Economics.
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