Skip to Content
CityRealty Logo
Future New York

New "Lifestyle Hotel" coming to Boerum Hill at 252 Schermerhorn nears finish Line; See photos

Rendering of Bond Street Hotel via Broadway Construction Group Rendering of Bond Street Hotel via Broadway Construction Group
When hospitality developer GFI Development Company ("GFI") transformed the Breslin Hotel into Ace Hotel New York, the project was widely credited with turning NoMad into one of Manhattan's hottest neighborhoods. A joint venture between GFI and GB Lodging undoubtedly hoped to do the same by bringing an Ace Hotel outpost to 252 Schermerhorn Street (also known as 61 Bond Street), but a Downtown Brooklyn building boom took hold in the years of construction delays since permits were first filed. As the 13-story, 285-room luxury hotel nears completion, it will prove to be a natural addition to a beautiful and bustling Brooklyn neighborhood.
Co-developers GB Lodging and GFI Development Company turned to the best for Brooklyn's Ace Hotel when they enlisted the lodging experts at Stonehill & Taylor as the architects and the revered Roman & Williams as designers. An early rendering showed a robust mid-rise with lots of structural expression and multipane windows in between, and many of these are already installed.

In this article:

211 Schermerhorn Street
211 Schermerhorn Street Downtown Brooklyn
61-Bond-Street-1 All photography of Ace Hotel circa December 2019 via CityRealty
Would you like to tour this property?
Just complete the info below.
  1. Select which properties are of interest to you:

Or call us at (212) 755-5544
61-Bond-Street-3 Window details
A custom art installation will break up the building’s long expanse along Schermerhorn Street. The hotel will feature a signature restaurant, lobby bar, coffee shop, and winter garden. Suites will begin on the third floor, and floors 5-13 will have 29 rooms each. In addition to the hospitality space, the building will have ground-level retail, offices, and a fitness center.
The new hotel is rising on a particularly vibrant section of Downtown Brooklyn. Across the street from the site, condos at the Morris Adjmi-designed 211 Schermerhorn Street start at $1.2 million for two-bedrooms. Up the block, 33 Bond Street is home to Brooklyn's first Chelsea Piers outpost and luxury rentals starting at $2,437/month. And as popular as Ace Hotel is with hip young travelers, it is in for some competition - a few blocks away, new micro-hotel brand Motto by Hilton will rise at 88 Schermerhorn Street.
61-Bond-Street-23 Google Earth aerial; CityRealty

Related Articles

Future New York

As the Flatiron Building welcomes its first residents, see 14 new developments reshaping NoMad

Friday, November 13, 2026
Future New York

101 East 9th Street gears up for sales launch of East Village one- to two-beds

Thursday, November 12, 2026
Future New York

Price Cuts: Bill Cosby's Upper East Side townhouse reduced 29%; Sixteen Fifth Avenue penthouse slashed by $9.96M

Wednesday, November 11, 2026
Future New York

Hudson River condos dominate Manhattan’s top sales as 150 Charles unit sells at 96% profit; Elizabeth Sackler buys Fifth Ave penthouse

Tuesday, November 10, 2026
Future New York

Steve Wynn’s $70M Ritz-Carlton penthouse leads week as Manhattan contract volume jumps 27%; First contracts signed at Greenwich Spire

Monday, November 9, 2026
Future New York

Walk-in and then some: NYC penthouses with dressing areas

Saturday, November 7, 2026
Future New York

NYC homes with character: Great listings with exposed wood-beam ceilings

Friday, November 6, 2026
Future New York

What's next for NYC housing post-election + Recent reveals include new UWS condo and the city's only Frank Lloyd Wright house

Friday, November 6, 2026