Mixed-use building operator to bring its Hospitality Living concept to the Financial District

Posted: October 26, 2021 at 7:00 a.m. MDT|Update: 34 minutes ago

NEW YORK and WASHINGTON, October 26, 2021 / PRNewswire / – WhyHotel, a hotel platform and operator, in partnership with building owner The Rudin Family, today announced the launch of its first property in New York City – Front & Wall Street, operated by WhyHotel. Located in the heart of New York’s Financial District, Front & Wall Street will operate under the Hospitality Living business arm of WhyHotel, blurring the boundaries of home and hospitality by accommodating both long-term residents and guests staying at the hotel. night in fully furnished accommodation. WhyHotel will begin welcoming customers on November, 1st, 2021.

Located at 110 Wall Street, WhyHotel’s newest hospitality facility is a former office building, the majority of which were converted into stylish apartments in 2015. Today the building comprises just over 200 units and amenities such as a 7th floor terrace with outdoor terrace. grill and kitchen, fitness center with a spin studio, utility room with ping pong and pool tables and community kitchens.

WhyHotel will operate the building as a mix of short-term guest stays and longer-term resident leases. Ideally located for leisure and work, WhyHotel’s Hospitality Living model will help clients and residents, whether they are in town for the weekend or looking for accommodation for months on end.

“New York City is a market we have had our eyes on for a long time now, ”said Jason fudin, CEO and co-founder of WhyHotel. “Our partnership with the Rudin family is an exciting opportunity to reinvigorate an incredibly well-designed building to bring hospitality and home together in a way that we hope will become common in the United States over time. The Rudin family, as they have been in real estate many times, is at the forefront of this trend.I can’t think of a better place than the heart of FiDi, where people come from all over the world, to launch this product.

As lifestyles and travel continue to change due to the pandemic, and particularly in markets like New York City, the modalities, reasons and durations of trips and rentals are also changing. As offices and leisure activities continue to reopen, there is a clear need for a solution that covers both hospitality and home in this market. Residents of the building can expect the benefits of fully furnished apartments and a hospitality-oriented staff, while hotel guests can expect the comforts of home with extra space in the room. -beyond a traditional hotel experience.

“As a company that owns and manages more than four million square feet of residences across New York City, we are constantly striving to improve the tenant experience and evaluate new ways to provide our residents with the best services and amenities in the best areas of the city, ”said Ray houseknecht, Senior Vice President and Head of Multifamily at Rudin Management Company, the operational arm of Rudin Family Holdings. “This partnership with WhyHotel at 110 Wall Street will allow us to offer potential tenants a flexible and convenient short-term or long-term housing option in the heart of the financial district.”

WhyHotel is delighted to bring its Hospitality Living concept to New York City for the first time and plans to continue to expand its footprint in the region in the future. To learn more about WhyHotel and its other locations across DC, Miami and more, please visit: www.whyhotel.com.

ABOUT WHYHOTEL
WhyHotel is a hospitality platform and operator focused on apartment style buildings. Its Flex platform allows property owners to blur the line between hospitality and home, delivering the best products to customers and travelers in unique buildings. Spaces organized by WhyHotel in handpicked neighborhoods can be booked as a hotel for one night or more, or the spaces can be rented for a few months or years. For more information, visit www.whyhotel.com.

ABOUT THE RUDIN FAMILY
The Rudin family owns and operates one of the largest private real estate portfolios in New York City. Among its real estate assets, which includes the high-tech Dock 72 office tower in Brooklyn Navy Yard, are 16 commercial office buildings containing approximately 10.5 million square feet of space and 17 apartment buildings comprising more than four million square feet of residences. For more information on the Rudin family, please visit https://www.rudin.com/.

North 6th Agency for WhyHotel
Shayla Ridore
[email protected]
401-464-1772

Rubenstein for the Rudin family
Jacqueline Hlavenka
[email protected]
212-843-8339

View original content to download multimedia:

SOURCE WhyHotel

The above press release has been provided courtesy of PRNewswire. The views, opinions and statements contained in the press release are not endorsed by Gray Media Group and do not necessarily state or reflect those of Gray Media Group, Inc.