Tag: joseph chetrit
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Please Don't Let Chuck Bass Take Over The Hotel Chelsea Too

A while back it was reported that the beleagured Hotel Chelsea finally had an interested buyer who was not Ian Schrager. But no one knew exactly who this mystery buyer was, until now.
WSJ reports that it is New York real-estate investor Joseph Chetrit, the man who is responsible for the recent turnaround of the Empire Hotel aka Chuck Bass' hotel on Gossip Girl. And despite the presence of long-term tenants, Chetrit is going to keep the Hotel Chelsea a hotel.
Mr. Chetrit intends to keep it as a hotel, upgrading and modernizing it, according to people familiar with the matter. That will likely come as some relief to the hotel's regular tenants and other fans of the 127-year-old property who had been worried a new owner might convert it into condominiums.

