NYC's Old Donnell Library May Turn into a Baccarat Hotel From Starwood Capital
The Starwood Stalker over at Passions of a Zealot has done some nifty spying on Starwood Capital's press releases which show a recent announcement titled, "Starwood to Build World-Class Hotel on New York Public Library Site (Fund VII, Hotel Fund II and 53rd St. Co-Invest" accompanied by the Baccarat Hotels logo.
The hotel they are talking about is the old Donnell Library has long been bandied about as turning into a luxury hotel. But maybe this time it will actually happen as Baccarat was also mentioned as the possible luxury hotel brand in a NY Post article as well.
Yet if it does, we still probably have to wait until sometime in 2014 for it.