Sunday, April 8, 2012

5 Beekman

Apparently, the collective hearts of those in-the-know broke a little bit when hotelier Andre Balazs' deal to purchase decayed urban treasure 5 Beekman Street (just a block from City Hall) fell through early this year. But all are a twitter that a new joint venture partnership has purchased the building at a whopper of a price, and one of the partners is the owner of the Ace Hotel. Looks like all the finger crossing paid off...

 All photographs via here and ScoutingNY