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GRAND HYATT NEW YORK SHARES UPDATE ON TIMING AROUND PROPOSED REDEVELOPMENT PROJECT

Proposed transformative 2-million-square-foot development would include a new Grand Hyatt New York hotel; Grand Hyatt New York to remain open through 2021

NEW YORK (June 24, 2019) –  As redevelopment plans continue on schedule for a new Grand Hyatt New York, the luxury hotel is pleased to confirm that it will continue accepting reservations through at least December 31, 2021. 

The proposed redevelopment project, in collaboration with TF Cornerstone, MSD Partners and RXR Realty, would replace the existing Grand Hyatt New York and create an iconic 2-million-square-foot mixed-use development, including a new luxury Grand Hyatt hotel, world-class office and retail space, new public open space and dramatic improvements to the public transportation infrastructure in the Grand Central Terminal transit complex. 

“We are excited about the potential opportunity to set a new standard for luxury in East Midtown with a new Grand Hyatt hotel,” said John Schafer, general manager, Grand Hyatt New York. “Until then, we remain fully committed to delivering the highest level of service and an outstanding experience for our guests, customers and the community – as we have done for more than 35 years. We look forward to continue welcoming guests and groups to the hotel through at least December 31, 2021.” 

The proposed development is subject to city and state public review processes, and work would only begin following receipt of all necessary approvals, completion of the design plans, and the arrangement of sufficient project financing to complete its construction. 

Hyatt is working closely with TF Cornerstone, MSD Partners and RXR Realty on the planning and design for this iconic Grand Hyatt New York project. Further details regarding the proposed redevelopment will be shared as soon as they become available.

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The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. 

About Grand Hyatt New York

With a premier location on 42nd Street between Park and Lexington Avenues, the Grand Hyatt New York lies in the heart of midtown Manhattan.  Attached to the majestic Grand Central Terminal, the Grand Hyatt is just steps away from the city’s best culture and attractions, including Times Square, Broadway, art, culinary experiences and world-class shopping. 

With catering services, audiovisual features, and more, the hotel is the perfect place for meetings and events. 60,000 square feet of flexible event venues can accommodate groups from 10 to 1,700 attendees, while 1,298 guest rooms including 44 suites provide privacy, exclusivity, and convenience.

NEW YORK (June 24, 2019) –  As redevelopment plans continue on schedule for a new Grand Hyatt New York, the luxury hotel is pleased to confirm that it will continue accepting reservations through at least December 31, 2021. 

The proposed redevelopment project, in collaboration with TF Cornerstone, MSD Partners and RXR Realty, would replace the existing Grand Hyatt New York and create an iconic 2-million-square-foot mixed-use development, including a new luxury Grand Hyatt hotel, world-class office and retail space, new public open space and dramatic improvements to the public transportation infrastructure in the Grand Central Terminal transit complex. 

“We are excited about the potential opportunity to set a new standard for luxury in East Midtown with a new Grand Hyatt hotel,” said John Schafer, general manager, Grand Hyatt New York. “Until then, we remain fully committed to delivering the highest level of service and an outstanding experience for our guests, customers and the community – as we have done for more than 35 years. We look forward to continue welcoming guests and groups to the hotel through at least December 31, 2021.” 

The proposed development is subject to city and state public review processes, and work would only begin following receipt of all necessary approvals, completion of the design plans, and the arrangement of sufficient project financing to complete its construction. 

Hyatt is working closely with TF Cornerstone, MSD Partners and RXR Realty on the planning and design for this iconic Grand Hyatt New York project. Further details regarding the proposed redevelopment will be shared as soon as they become available.

### 

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. 

About Grand Hyatt New York

With a premier location on 42nd Street between Park and Lexington Avenues, the Grand Hyatt New York lies in the heart of midtown Manhattan.  Attached to the majestic Grand Central Terminal, the Grand Hyatt is just steps away from the city’s best culture and attractions, including Times Square, Broadway, art, culinary experiences and world-class shopping. 

With catering services, audiovisual features, and more, the hotel is the perfect place for meetings and events. 60,000 square feet of flexible event venues can accommodate groups from 10 to 1,700 attendees, while 1,298 guest rooms including 44 suites provide privacy, exclusivity, and convenience.


News
Grand Hyatt New York Named Top Hotel for Meeting and Events in the United States by Cvent
May 21, 2019
Grand Hyatt New York is proud to have been chosen as the only NYC hotel named as a top hotel for meetings and events by industry-leading event management technology company, Cvent.  
Grand Hyatt New York is proud to have been chosen as the only NYC hotel named as a top hotel for meetings and events by industry-leading event management technology company, Cvent.  

Awards
 
Exciting news from the Meetings Magazines

Grand Hyatt New York won the “Award of Excellence” - an honor selected by Meetings Magazine subscribers who vote by ballot for hotels, resorts, and conference centers that "best served their corporate meetings and/or incentive programs during the past year".

-        Grand Hyatt New York got the Delta vacations quality assurance reward

-        Cvent Top 100 US meeting hotel (#37)

Grand Hyatt New York won the “Award of Excellence” - an honor selected by Meetings Magazine subscribers who vote by ballot for hotels, resorts, and conference centers that "best served their corporate meetings and/or incentive programs during the past year".

-        Grand Hyatt New York got the Delta vacations quality assurance reward

-        Cvent Top 100 US meeting hotel (#37)


Awards
 
Grand Hyatt New York, Midtown East, Among Top Five Sustainable Hotels In NYC
August 15, 2018
About Time Magazine (UK) (8/15) reports that New York City’s “ever-evolving hotel scene is embracing eco-conscious design and practices showcasing the City’s pledge to sustainability, with over 19 properties currently committed to the NYC Carbon Challenge.” At number four on a list of five of “the best eco-friendly places to stay in New York City,” Grand Hyatt New York, Midtown East is a central location, the “only hotel connected to Grand Central,” and “close to many of the City’s most popular attractions including the Empire State Building, Fifth Avenue shopping, Times Square, Central Park and much more
About Time Magazine (UK) (8/15) reports that New York City’s “ever-evolving hotel scene is embracing eco-conscious design and practices showcasing the City’s pledge to sustainability, with over 19 properties currently committed to the NYC Carbon Challenge.” At number four on a list of five of “the best eco-friendly places to stay in New York City,” Grand Hyatt New York, Midtown East is a central location, the “only hotel connected to Grand Central,” and “close to many of the City’s most popular attractions including the Empire State Building, Fifth Avenue shopping, Times Square, Central Park and much more

Awards
 
Grand Hyatt New York voted top meeting hotel for 2016
2016

Grand Hyatt New York is proud to have been chosen as one of the top 100 Meeting Hotels in the US by Cvent.

We thank our tremendous staff as well as our wonderful guests for helping us to achieve this distinction.

 

Grand Hyatt New York is proud to have been chosen as one of the top 100 Meeting Hotels in the US by Cvent.

We thank our tremendous staff as well as our wonderful guests for helping us to achieve this distinction.