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Michael Achenbaum Dishes On His 'Urban Resort', The Gansevoort Park

Where: 420 Park Avenue South [map], New York, NY, United States, 10016

Hotel Gansevoort's uptown sister, Gansevoort Park Avenue is finally open--after much back and forthing and not without some displeasure at our constant updates on its opening status.

But while we've already had a poke around the guest rooms and the rooftop bar and pool, we decided to get the lowdown on what the hotel offers that no other NYC hotel can--straight from the hotelier himself.

So settle in and let Gansevoort Hotel Group's Michael Achenbaum tell you all about his new baby ...

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Hotel Lawsuits / Gansevoort Hotels / Gansevoort Hotel Group / Michael Achenbaum / Miami Hotel Mambo / Hotel News / → All Tags

Gansevoort South Strikes Back at New Owners and Management

Times are hard for the Gansevoort South in Miami Beach. At least behind the scenes. Back in December, it was announced that Gansevoort was having trouble meeting its mortgage payments with the lender Credit Suisse who in turn was going to put the hotel on the auction block on January 28.

But now it looks like Credit Suisse is the new owner of the hotel and they want to remove the Gansevoort management group from the hotel but still keep the name, Gansevoort.

Of course, the Gansevoort Hotel Group isn't going to take this lying down. The group filed a suit today against Column Financial, an affiliate of Credit Suisse, arguing that Column does not have the right to terminate their management contract nor can they hire an inadequate management company to run a hotel using the Gansevoort name.

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Hotel Woes / Miami Hotel Mambo / Hotel News / Gansevoort Hotels / Michael Achenbaum / → All Tags

Gansevoort South Issues Statement About Foreclosure; Says STK To Open Soon

Where: 2377 Collins Avenue [map], Miami Beach, fl, United States, 33139

No doubt, the hotel woes are hitting hard today. In an earlier story, we linked to a Miami Herald article about the imminent foreclosure auction of the Gansevoort South, which despite being a party hotel has hit some rough times, just two years after opening.

The Miami Herald said the hotel had issues selling the condo units inside the hotel and that revenue was not enough to help them cover construction debt costs. Today, the Gansevoort Hotel Group sent HotelChatter their official statement on the scenario. The good news is, it's still going to remain a Gansevoort. The Gansevoort Hotel Group is even going to try and buy it back at the auction.

The even better news is that STK is still expected to open "in the coming weeks." The bad news is, if you want to stay there over New Year's Eve, rates are crazy expensive.

The full statement is below.

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