Pendry to Build First NY Hotel

Pendry Hotels, in collaboration with Brookfield Properties, will build its first New York City hotel at Manhattan West – an eight-acre, six-building mixed-use development located in Manhattan’s Hudson Yards district. The hotel won’t open until 2021.

Pendry Manhattan West will feature 164 guestrooms including 30 suites; a signature restaurant; a lounge and vibrant open-air terrace bar; and meeting and event space. The Manhattan West development sits directly between the soon-to-be redeveloped Penn Station and the new 7-train station at Hudson Yards.

The selection of Pendry Hotels by Brookfield Properties represents the first joint development venture between the two companies. With design and planning well underway, Pendry Manhattan West is expected to break ground in the third quarter of 2018, enabling Pendry Hotels to bring its new luxury offering to the seven-million-square-foot Manhattan West development in 2021.

Pendry is a new luxury hotel brand with locations in San Diego and Baltimore. Pendry is operated by Montage International.

“New York City is a destination we have had our eyes set on for many years, and Brookfield Properties is the ideal partner to collaborate on Pendry Hotels’ New York City debut,” said Alan J. Fuerstman, founder, chairman and CEO of Montage International. “We look forward to becoming a centerpiece of the community through the hotel’s design, amenities and signature service we will provide at Pendry Manhattan West.”

“The Manhattan West vision of creating a vibrant, 24/7, work-live-play destination comes together with the addition of Pendry Manhattan West to the complex’s expansive list of modern amenities,” said Ric Clark, senior managing partner and chairman, Brookfield Property Group and Brookfield Property Partners. “We are thrilled to partner with Pendry Hotels because of its strong, aspirational, design- and service-centric brand that will deliver a uniquely modern sensibility and help Manhattan West come alive.”

Pendry Manhattan West will complement the complex’s 844 residential units; more than six million square feet of custom-designed state-of-the-art class-A office space already being populated by a host of leading media, fashion, sports and technology companies including Accenture, Amazon, Ernst & Young, J.P. Morgan Chase and the National Hockey League.

The 250,000 square feet of retail at Manhattan West will be anchored by Peloton, which is creating “Peloton Studios,” a 35,000-square-foot state-of-the-art flagship location, and Whole Foods, which is creating a 60,000-square-foot culinary destination.