presidentstreethotelplans.jpg
We noticed an interesting transaction while digging through property records recently: A hotel developer had purchased an old warehouse on President Street between 3rd and 4th avenues for $4.8 million. Could it be? Another hotel in Gowanus? As it turns out, that’s not the case—SAI Hospitality, which has built a bunch of hotels around the city (like the La Quinta Inn near JFK), is planning to build not one, but two hotels on President Street. We’re building a 105-room hotel at 529 President and a 120-room hotel at 551 President, says Raj Bhagia, one of SAI’s principals. Bhagia says that SAI is going to develop higher-end properties than some of the others nearby (by this we assume he means Union Street’s Holiday Inn Express and Butler Street’s Comfort Inn) and hopes to lure an operator like Hilton. The firm intends to begin construction on the buildings within the next six months. SAI’s plans are independent of the rumored hotel planned for the same block, on the corner of 3rd Avenue. If all the hotels get built it’ll mean there are three on President Street alone and six all together in Greater Gowanus (counting Le Bleu). Gowanus: Brooklyn’s home away from home?
Another Gowanus Hotel Takes Shape [Brownstoner] GMAP GMAP


What's Your Take? Leave a Comment

  1. I really dont see the whole meat packing thing happening. It would be nice to have some activity so that people could walk back and forth from cobble hill/carroll gardens and park slope and have things to do in between.

  2. You wrote: “Gowanus is going to be the Brooklyn version of Manhattan’s “MePa District” by 2017.”

    Nope. Too far from Jersey.

    But much closer for guido Strong Island douchebags & guido Staten Island douchebags & guido Bayridge douchebags.

  3. Gowanus will soon feel like one of those god forsaken areas off interstate highways that are all cheap hotels and gas stations. – Hotels have no street level businesses so add NOTHING and detract much from the vitality of a neighborhood – architecture tends to be completely shoddy, and often they have parking lots or driveways in front or on the side to make them even more ugly. Depressing. Why do all the shit developers come here? Almost makes me long for Trump – aghhh I just gagged. Forget I wrote that.

  4. With all these new hotels, I think we need a nice, new, blue “Food, Lodging” sign under the “Hamilton Avenue” exit sign on the BQE. In 5 years, Gowanus will be the hippest truckstop on any interstate highway in the nation.