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Old Feb 25, 2005 | 1:37 am
  #6  
Threy
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Join Date: May 2001
Location: DUS
Posts: 4,004
Originally Posted by bas5838
The Stanhope became a condo building and thus closed as a Hyatt...it was closed mid January and I imagine is undergoing changes to become a condo building.
They will do a complete makeover until the owner can sell or rent appartments, this was one old hotel which was not worth a Park Hyatt designation.Stayed there two weeks before they shut it down and the hotel was on average with the only 4* Hyatt in Europe the Regency Brussels Barsey ( that is the lowest rated Hyatt in Europe...)

IMO, a smart decision, I was told it is obviously more lucrative to sell or rent appartments in that area of NYC and Hyatt would have been forced to spend a nasty amount to renovate the property completely anyway...
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