JLL’s hotels & hospitality group closes sale of Mr. C Seaport

Manhattan, NY JLL’s Hotels & Hospitality Group announced today that it has closed the sale of Mr. C Seaport, a 66-key boutique luxury hotel in the Seaport District.

JLL represented the seller, Atlantic Pearl Investments, Inc.

Located at 33 Peck Slip, on the corner of Peck and Front St., Mr. C Seaport is situated within walking distance of the Financial District, Pier 17 and the Tin Building by Jean-Georges, a 53,000 s/f marketplace that opened in 2022. The property re-opened in 2018 after a major renovation, which converted the hotel from 72 rooms to 66, allowing for larger and more luxurious rooms. With 66 appointed guestrooms, the hotel offers views of lower Manhattan with the Financial District to the west and Brooklyn Bridge and the East River.

The JLL Hotels & Hospitality team representing the seller was led by senior managing director Jeffrey Davis, executive vice president Stephany Chen and associate Harry Keeshan.

“The sale of the Mr. C Seaport is a true testament of the lodging market’s recovery, specifically in New York City. Investors continue to focus on strategic acquisitions in the city as the market outperforms,” said Davis.

Tags: Brokerage

Reprint

Previous Story Next Story

Horizon Kinetics relocates new headquarters to Tishman Speyer’s Rockefeller Center

Manhattan, NY According to Tishman Speyer investment boutique Horizon Kinetics Asset Management LLC will relocate its current New York office to 18,713 s/f on the 27^th floor of 1270 Avenue of the Americas at

JLL Capital Markets facilitates $30.75 million sale of 1 North Main St. to KABR Group

JLL facilitates $30.75m sale of 1 North Main St. to KABR

Hanna Commercial Real Estate brokers Agri-Plastics 64,000 s/f manufacturing facility lease at Uniland’s 2 Steelworkers Way

Hanna Comm'l. brokers Agri-Plastics 64,000 s/f lease at Uniland’s 2 Steelworkers Way

Delisle and Monahan of Island Associates lease 45,000 s/f to Giunta’s Meat Farms at Strathmore Commons

Island Associates leases 45,000 s/f to Giunta’s Meat Farms

Delisle and Monahan of Island Associates broker 1,110 s/f lease extension for Kings Insurance

Island Associates brokers 1,110 s/f lease extension for Kings Insurance

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

H2M architects + engineers professional profile - Anthony Kim

Columns and Thought Leadership

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account