Building of the Week

Ace Hotel New York – 1186 Broadway New York, NY

Recent Loan:$83M by HSBC

Origination Date: 2/1/2013

Owner: Lillian Goldman Family LLC

Assessed Value: $84,389,000

NOI: $12,000,000

Floor Area Ratio: 11.92

CrediFi Score: 1000

Did you Know? The Portland based hotel group stays true to it’s hipster roots in New York, described as “a little Bohemian and a little sophisticated”. While the hotel is known for its modern-vintage decorated rooms, you may have missed the hotel staff with unassuming stylish uniforms of Levis, Chucks and fitted shirts.

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