…large upscale hotels are on the way. “There’s more than enough demand here for eight hotels,” said Steve Williams, managing partner of Danforth Development,
which is turning the shuttered Victoria Theater on 125th Street into a hotel to open in 2011. It will also house condos and cultural arts space, including a venue for the National Jazz Museum. Farther east on 125th Street near Fifth Avenue, the Uptown Grand Hotel will open in 2010 with 252 rooms, 19 stories, bars, lounges, eateries, a pool, and event space. “We expect to be successful,” said developer Paul Reisman of Reisman Property Interests. “This is the first hotel here in 40 years.”…By BETH J. HARPAZ, Associated Press for the New York Times.
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