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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 July 31, 2022
NEW YORK (August 20, 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 July 31, 2022.
The proposed redevelopment project, in collaboration with TF Cornerstone 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 July 31, 2022.”
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 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.
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 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.
