A Heritage Equity Partners Development, The Williamsburg Hotel Will Open Late 2015 in Brooklyn, NY
NEW YORK, NY. - April 27, 2015. Meet The Williamsburg Hotel, a white-gloves-off, full-service-on venture bringing a whole new standard to Brooklyn. Located at the prime corner of Wythe Ave and North 10th St., this eight-story, 150-room Heritage Equity Partners development and after-dark nerve center will tout a restaurant, rooftop pool, the neighborhood's first grand ballroom, and three distinct bars including one in a replica water tower built to pay homage to the block's historic, now defunct, wooden water tower factory.
The neighborhood is watching, and locals are headlining the project to keep its Brooklyn roots honest. "I grew up coming to my family's business around the corner from where our hotel stands," says property developer Toby Moskovits, CEO of Heritage Equity Partners. "It's important to everyone on this project that we not only embrace the history of Williamsburg, but show the neighborhood and our guests a good time, too."
Like its namesake, The Williamsburg Hotel will be an industrial facade with a creative underbelly. Designed by HWKN Architects (Winner of MOMA PS1 Young Architects Annual Award in 2012), the property will feature a brick, glass, and Corten steel exterior. Inside, London-based design firm Michaelis Boyd (Babington House UK, Soho House Berlin) will ground sophisticated double-height ceilings with natural finishes-the overall effect will give pressed plaid clientele the perfect launch pad to seize this all-eyes-on neighborhood-or rediscover it like it's the first time.
On the subterranean level, The Williamsburg Hotel's grand ballroom space will boast 30-foot ceilings, accommodate up to 400 guests, and play host of to an array of events, galas and happenings. In the guest rooms, floor-to-ceiling windows will frame up the Manhattan sight you can't see in Manhattan-its skyline-as well as share-worthy views of Brooklyn and the East River. Many of the rooms will feature private balconies.
Ensuring this venture isn't just another Brooklyn hotel trying not to be just another Brooklyn hotel are managing directors Evan Altman and James Stuart, who are well-versed in Manhattan's boutique properties. They will oversee The Williamsburg Hotel's identity, programming, and operations. Their impressive rap sheet includes Ian Schrager's Gramercy Park Hotel, Andre Balazs's Standard Hotels and Sean MacPherson's The Bowery Hotel, The Jane, and The Maritime Hotels.
"We're actualizing a hotel in one of the most dynamic neighborhoods on the planet," said Altman, former General Manager at The Standard Hotel in Manhattan. "We want The Williamsburg Hotel to be part of what makes this neighborhood unlike any other-part of the fabric of the community, but also part of what fuels it."
Stuart, former Food and Beverage Director at The Bowery Hotel who lives in the neighborhood, agreed. "We've been fortunate to learn from some legendary New York hoteliers and The Williamsburg Hotel is our chance to put our collective experience together and open the kind of hotel we'd want to stay in."
The Williamsburg Hotel is the latest project from Heritage Equity Partners, a major player in Brooklyn real estate with a number of innovative projects under construction.
About Heritage Equity Partners
Heritage Equity Partners (HEP), formerly “Equity Partners,” based in Easton, MD, provides boutique investment banking services for special situations. Recognized as the nation's leader in maximizing value for distressed businesses and properties, Heritage Equity Partners uses a proven process that has provided solutions for over 450 clients throughout the United States since 1988, preserving more than 40,000 jobs. HEP is a wholly owned subsidiary of Heritage Global Inc. (OTCQB: HGBL and CSE: HGP). Please visit www.EquityPartnersHG.com
Media Contacts:
Fred Cross
Managing Director
Heritage Equity Partners
866-969-1115 ext. 2
[email protected]
Ken Mann
Sr. Managing Director
Heritage Equity Partners
866-969-1115 ext. 1
[email protected]
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