Originally Posted by fallschurch

My upcoming reservation (March 26-April 3) was just canceled due to the hotel closing on Feb 1, 2021. I really liked this NYC hotel- good locations, decent rates, and nice (pre-COVID) lounge. I hope it reopens in the future.

Don't like the Hyatt transfer option, I don't have any status with Hyatt and had a very low long-term rate of $72 a night.

"Dear Guest,
Thank you for choosing to stay at the Sheraton Tribeca. We regret to inform you that this location has been closed effective February 1, 2021. As an alternative, we can go ahead and transfer your reservation at the same rate to our sister hotel, The Hyatt Place Times Square, located at 350 West 39th Street, New York, NY 10018. Please reply to this email confirming acknowledgement and advising if you would like to proceed in transferring this booking. Once we receive a response from you we will send over your reservation details to our sister hotel.
Should you have further questions or concerns regarding this reservation feel free to contact us at [email protected] or call 212-966-3400 and we will be happy to assist.
Best,
Reservations Specialist"