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A New Hotel Will Open In Jersey City, Inside A Run-Down Old Bank from the '20's

Where: One Exchange Place [map], Jersey City, NJ, United States, 07302
June 19, 2012 at 11:07 AM | by | ()

Atlantic City usually gets all the love when it comes to hotels in New Jersey (though occasionally we've seen some action down in Hoboken too). Now, the Hudson Reporter has tipped us off to a new "upscale" hotel that will be housed inside an old bank from the 1920s in Jersey City, about twenty minutes from lower Manhattan.

Though, as nice as the place looks on the outside, there is apparently plenty of work to be done before it begins to remotely resemble anything upscale. All businesses were ordered to vacate the building last year when it was declared hazardous and unsafe—the only remaining current tenants include a Subway and a Dunkin' Donuts on the ground floor.

Uh, can you say 'fixer-upper?'

In addition to transforming the building's current 10 floors, Concord Hospitality Enterprises Company, the development group which acquired the site, has decided to add three floors to the top, and expanding the ground floor to offer 10,000 square feet of commercial retail space. Which doesn't concern us as much as the planned thirteenth floor rooftop, which will have an observation deck to see across the Hudson River to the Manhattan skyline.

Concord apparently owns hotels under Courtyard by Marriott, Fairfield Inn, Renaissance, Hilton Garden Inn, DoubleTree and Sheraton brands, so we'll be expecting something along those lines for when the hotel opens in 2014. Knowing what we know now—that it will be a 247-room, "upscale" hotel with a big ol' rooftop—we're going to hazard a guess and say a DoubleTree will pop up here, as we've seen that brand take over some interesting historic buildings before.

Got a tip on the Jersey City hotel scene? We'd love to hear about it! Send it in, or drop a comment below.

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