Living by Bridgestreet unveiled in prime midtown location.
HERNDON, VA – BridgeStreet Global Hospitality – the leading hospitality solution offering serviced apartment experiences – announces a portfolio expansion through a new management agreement for Living by BridgeStreet at Beekman Tower in New York City. The historic building boasts 178 four-star apartments at 49th and 1st Avenue, offering a central location with spacious style for guests to live, work and play in comfort.
“We’re all excited about the acquisition of the Beekman Towers, as it is our first acquisition of this size in Manhattan and are looking forward to ensuring the building-with help of BridgeStreet-will be run at the highest levels with all respects,” noted Vlad Tsirkin, chief financial officer of Alliance Capital Investments and its affiliates. “The ownership is fully committed to support the management team with all necessary resources. We are currently in discussions to utilize commercial spaces on the ground level and rooftop.”
These turnkey serviced apartment assets are just blocks away from the international United Nations Headquarters and overlook the East River, with ground level retail spaces and a rooftop restaurant and lounge. The quintessential New York exterior and surrounding area is complimented by the offerings of the Living by BridgeStreet brand tier – features include a fully equipped kitchen, housekeeping services and laundry facilities.
“This Midtown location offers New York City business travelers access to one of the key arteries of enterprise in the city,” noted Sean Worker, CEO of BridgeStreet Global Hospitality. “BridgeStreet looks at this management agreement as a way to meet high demand in this market while exceeding guest expectations.”
BridgeStreet Director of Real Estate Derrick LaRosa agrees, “The opportunity to manage the Beekman Tower single handedly changes the landscape of the New York City serviced apartment market by providing our clients with the combination of the BridgeStreet experience with an exceptional product in an iconic New York City property.”
With its innovative tiered system of six distinct brands, BridgeStreet provides guests with customized six- to two-star serviced apartment offerings, meeting every need from location to budget with more than 50,000 apartments in desirable and convenient locations in over 60 countries. Offering a memorable hospitality experience, BridgeStreet is widely recognized for uncompromised standards and a consistent brand experience.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
