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Park Terrace Hotel opens on 'Manhattan’s town square'

by Andrew Manns | 12 Dec 2018

The David Chipperfield-designed Park Terrace Hotel has opened at the scenic Bryant Park, long considered the 'town square' of Midtown Manhattan.

Featuring 226 guestrooms created by New York interior design studio Stonehill & Taylor, the 13-storey hotel, which stands on the southwest corner of Bryant Park, also includes a lounge, outdoor terrace, restaurant, sauna, and fitness suite.

Partially financed by the US Immigration Fund’s EB-5 Program, the new home away from home is located minutes away from classic Big Apple landmarks, such as The New York Public Library and the Beaux Arts-style Knox Building.

Speaking on the building's debut, Mark Briskin, manager at the Park Terrace called the hotel a "perfect home base for all New York City adventures".

The hotel, which has been in the works since 2013, was developed by HFZ Capital Group and Masterworks Development Corporation.

Park Terrace Hotel  Bryant  New York 
The David Chipperfield-designed Park Terrace Hotel has opened at the scenic Bryant Park, long considered the 'town square' of Midtown Manhattan. Featuring 226 guestrooms created by New York interior design studio Stonehill & Taylor, the 13-storey hotel, which stands on the southwest corner of Bryant Park, also includes a lounge, outdoor terrace, restaurant, sauna, and fitness suite. Partially financed by the US Immigration Fund’s EB-5 Program, the new home away
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David Chipperfield and Stonehill & Taylor contributed to the hotel's design. / Courtesy of The Park Terrace Hotel
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company profile
Company profile: Alliance Leisure
The company’s core business is the provision of facility development and support for local authorities, educational establishments and leisure trusts that want to improve or expand the leisure products and services they offer.
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