How NYC's Ritz-Carlton NoMad is bucking expectations

2018-09-10 Tag: Ritz-Carlton

Ritz-Carlton ,How NYC


It’s not every day that a new Ritz-Carlton hotel is announced, and at the end of July Marriott International revealed plans for its second such hotel in New York City. The city’s second Ritz-Carlton is expected to open in 2021 in the NoMad neighborhood—also known as North of Madison Square Park—joining the Ritz-Carlton New York, Central Park.

Flag Luxury Group is developing the hotel and residences tower, which will be located at Broadway and 28th Street. The property is being designed by architect Rafael Vinoly and New York-based interior design firm Yabu Pushelberg.

Tim Grisius, global real estate officer at Marriott International, said the location of the property is strategic. After all, luxury hotel developments are few and far between, and in a city like New York where every square foot comes with a steep price tag, it always matters where you plant your flag.

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