Hotel Market Study With Financial Projections And Development/Consulting Services In Connection With The Proposed Four Seasons Downtown New York Hotel and Private Luxury Residences
The Client
One of the world’s largest real estate investment management firms and one of New York City’s most active and respected real estate development, ownership and management companies
The Mandate
Hotel market study with financial projections and development consulting services in connection with the proposed Four Seasons Downtown New York Hotel and Private Luxury Residences located at 30 Park Place New York, NY
Designed by the renowned Robert A.M. Stern Architects, the proposed limestone tower will combine a 185-room hotel on the first 21 floors of the 82 story tower with 157 luxury condominiums occupying the remainder of the structure.
The Results
- A Hotel Market Study with Financial Projections was prepared within 21 days of retention
- Development/consulting services included:
- Occupancy and average rate sensitivity analyses
- Debt/equity investment analyses
- Economic feasibility sensitivity analyses