Wyndham Timeshare Buys Midtown Manhattan Hotel
Wednesday, May 8, 2013
From Crains New York Business comes the news that Wyndham timeshare is expanding its New York City timeshare options with the acquisition of a new hotel. Formerly known as the Alex Hotel, Wyndham Vacation Ownership has already rebranded this 200-plus room property as the Wyndham Midtown 45. Previously the hotel was in foreclosure, and then sold for a reported $115 million to an affiliate of the Wyndham Hotel Group in February. Reported, Wyndham Vacation Ownership will be purchasing the property in increments over a three-year period.
During its period of renovation, the newly named Wyndham Midtown 45 is continuing to operate as a hotel. After renovations are completed, the Wyndham timeshare owned property will provide extended-stay accommodations. Many of the rooms are suites that include kitchens and living areas; some also have multiple bedrooms and bathrooms. Studio units are also available.
For Wyndham timeshare owners and guests, the Wyndham Midtown 45 is ideally located in Midtown Manhattan East. Situated between 2nd and 3rd Avenues, the property is within easy walking distance of attractions such as Grand Central Station, the United Nations headquarters, Fifth Avenue shopping, Madison Avenue, the Theater District, Times Square, SoHo, Tribeca, Wall Street, and the restaurants of Park Avenue.
The building and interior were designed by residential architect Costas Kondylis. Bespoke furniture designer, David Rockwell, designed custom furnishings for the property. In addition to other amazing furnishings and amenities, the property’s luxury suites all come fully equipped with deluxe Poggen Pohl kitchens featuring SubZero refrigerator, Advantium oven, and Gaggenau cook tops.