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The Ritz-Carlton Hotel Central Park

Asset management, management contract restructuring negotiations, renovation program preparation and implementation, owner representation to operator.

 

In early 2005, after a couple more changes of ownership, the hotel facility was acquired by a development group interested in converting the facility to residential condominium ownership. Even while operating as a lodging facility, the property had several occupants holding a right to occupy their units as residences under long-term leases.
 

Most descriptions of StoneCreek Partners experience and/or work product are limited by client or partner non-disclosure agreements. We include our partners’ experience while with predecessor organizations.

Location

New York, New York USA

Client

New York Overnight Partners, represented by NEI Investor Group

Category

Hotels, SCP Asset Management

Tags
hotels and resorts, new york