New York’s Essex House to be Rebranded a JW Marriott

Essex House, New York City

Back in March, we reported that the Dubai owners of the Jumeirah Essex House had put the luxury hotel on the auction block. Big news out of Manhattan: Strategic Hotels & Resorts has snapped up the Central Park South property for $362.3 million- which translates to $685,000 per unit for the 509 hotel rooms and nine condominiums, according to Bloomberg.

After the deal closes on September 7, the hotel will get a $18.3 million makeover before joining the Marriott family as the JW Marriott Essex House New York. The USA Today quotes Marriott International CEO Arne Sorenson: "It feels like we've spent the last 10 years trying to get this (hotel) back.” The prestigious property was run by Marriott from 1969 to 1985.

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