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The Jade Hotel Now Set To Open By The End Of The Month

Go To The Hotel's Web 
  Site Where: 54 W 13th St [map], New York, NY, United States, 10011
October 10, 2012 at 9:00 AM | by | Comments (0)

The NY Times is reporting that Manhattan's The Jade Hotel is finally set to open at the end of the month, with rooms starting at around $400/night. Which is a little higher than our budget allows (good thing we have an actual apartment in the city), but understandable given that the hotel is marketing itself as a "high-end boutique."

For NYC travelers who've been patiently waiting for a new downtown hotel to try out, this is great news. Given that Hyatt Union Square is taking its sweet, sweet time, it looks like The Jade will be the one to watch for at least the next month or two, getting the spotlight all to itself.

Read on for more details about the new hotel!

Not that the Jade has been without problems of its own. Last month, we tried to clear up a bit of confusion surrounding the hotel's identity, as we found one website calling it a Jade, while another had it as a Gem. Luckily, that all seems to be behind us for good, with the NY Times confirming its opening, and even offering a few extra details about the hotel: namely, "Macassar ebony wood and marble" in the rooms and the speakeasy-inspired Grapevine restaurant which will open inside the hotel. We're certainly excited to take a look around!

Interestingly, the NY Times piece that mentions the Jade is in fact a broader profile on the current "boom" happening in the New York hotel scene. The article states:

"Supply is projected to increase by 3.5 percent in 2012 and 4.1 percent in 2013. From 2005 to 2010, hotel room supply grew by 16.2 percent, for an average of only 3.24 percent annually."

Which, in layman's terms, is roughly the equivalent to: a crap ton of hotels are opening in New York right now. And the trend looks set to continue for a while, with Andrew Zobler, CEO of the Sydell Group (responsible for the Ace New York and the NoMad) being quoted as saying:

"For the long term, New York is a great hotel market. Generally, it’s very hard to be a developer and not be optimistic."

Which isn't necessarily news (we've been hearing about this boom for quite some time), but certainly music to our hotel-loving ears.

[Photo: Angel Franco / NY Times]

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