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Located in Makati City, the area of Manila known as the "Wall Street of Manila", the 30-story hotel will offer guests a choice of a short or long stay. No matter your length of stay, you'll sleep in the lap of luxury because this place only offers suites. In fact that's the smallest unit you can get, with 32 suites for short stays, 110 apartments and 127 residences for extended visits.
It's 'firsts' all around as this is the first hotel-residence for Manila and the first new hotel to open in the city in 20 years, so you can imagine how exciting the news is. Interestingly, the building will also house a Fairmont, another first.
The Setai Shakedown continues.
Just to get you up to speed: The management company at the luxury hotel in South Beach, GHM, was kicked out early Saturday morning and replaced with a new firm, Trevi Luxury Hospitality Group. We heard reports yesterday that Setai staff, including upper management, was heading to court to try and obtain an injunction to stop the takeover.
Meanwhile, GHM released their own statement saying the owners of the Setai, Setai Owners LLC which is actually a division of Lehman Brothers, "ignored a valid contract, stormed the hotel and have taken the law into their own hands."
We've been trying to get some reaction from staffers inside the hotel but people are reluctant to speak out. However, we did get an observation on life at the hotel post-shakedown from a Setai condo owner. Remember, the Setai also has about 163 residences on property. Most of them are owned by Lehman Brothers but several are not. Here's what this Setai owner had to say:
The celeb-fave getaway Pink Sands Resort on Harbour Island in the Bahamas (Drew Barrymore, Diane Von Furstenburg and Uma Thurman are fans) is now offering private residences.
Purchased from former Island Records owner Chris Blackwell, Pink Sands is expanding the property to include 46 residences consisting of 30 villas and cottages, and 16 condo-hotel units for private ownership.
Groundbreaking on the new residential units, which range from $1.5 million to $8 million, is expected this year.
Have no fear, the property and its two freshwater pools, spa, tennis courts, beach cabanas and WiFi access are still open to regular hotel guests who aren't in the market for a second (or third) home. Although the rooms aren't cheap. In high season, rates are $750 a night for a one-bedroom cottage view room.
Renderings of the private residences after the jump.
No, not that kind of beaver. We're talking about Andre 's newest residential project, The William Beaver House. God you people are so Junior High.
Now we don't usually spend time talking about Manhattan residential real estate development but we do have two good reasons to let you know about André Balazs's building plans for a ground-up "downtown lodge and residence" at the corner of William and Beaver streets.
· His plans call for bringing full fledged hotel living to downtown New York.
· We were in attendance at yesterday's preview lunch, which was hosted by André himself.
At the preview lunch, André and co had 4 Hanover Street (essentially rented promo space) tricked out to look like the proposed lobby/lounge of the William Beaver House. Modelesque waitresses flitted about serving cocktails in yellow uniforms--it appears yellow is the project's signature color.
The crowd was treated to a buffet-style lunch which was followed by a short speech by André. Actually it wasn't a speech. Instead, he played a Roger Rabbit-style movie that consisted solely of him talking to an animated black beaver. (We kid you not. If you think we are making it up, we will gladly upload the .mov from the usb tchotchke they gave us.)
Essentially, André informed his new beaver friend, who grips a martini glass and blinks impatiently, about the luxury services inspired by hotel living that will be found in the building.
Plenty of photos and more Beaver House talk post jump.