Le Parker Méridien

111 West 56th Street | also 119 West 56th Street, 123 West 56th Street, 118 West 57th Street | Midtown | built 1939

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Written with AI from the source each entry cites, then fact-checked.

  1. 1979

    The city lets Jack Parker build eight extra floors in exchange for a public atrium

    In 1979 the city's Department of City Planning let the Jack Parker Corporation put up a 40-story tower, eight floors taller than the 32-story cap that applied to its lot, so long as it added a public atrium. The corporation, based in New York, developed the hotel, and Air France's Meridien Hotels division managed it.

    Source: Wikipedia

  2. 1981

    March 13

    The Hotel Parker Meridien opens on West 56th Street

    The Jack Parker Corporation developed the 42-story hotel, and Air France's Meridien Hotels division managed it. In 1979 the city let Parker build eight floors above the 32-story limit for the lot, on condition that it add a public atrium. The hotel opened on Friday the 13th, a date considered lucky in France, and held its grand opening celebration a week later.

    Source: Wikipedia

  3. 1990

    The hotel removes the seating from its public atrium, and the city later has it restored

    The seating in the hotel's public atrium was taken out in 1990. It was later restored after a high-profile campaign by the city's Department of Buildings. The atrium was the public space the 1979 permission had required the developer to provide.

    Source: Wikipedia

  4. 2002

    Burger Joint opens as a hidden burger stand behind the lobby curtain

    Burger Joint opened in 2002 as a speakeasy-style burger hut behind a curtain in the hotel lobby. A simple neon hamburger sign marks its entrance corridor. Eater New York ranked it second on a list of top burgers in the city, and it has since opened other locations.

    Source: Wikipedia

  5. 2012

    A neighboring construction accident floods the hotel's coffee bar with concrete

    A construction accident at a neighboring building sent concrete into the hotel's coffee bar in 2012, flooding it. The hotel was then operating as Le Parker Méridien New York.

    Source: Wikipedia

  6. 2018

    January

    The hotel leaves Le Méridien and is renamed Parker New York Hotel

    In January 2018 the hotel and its sister Le Parker Meridien in Palm Springs left Le Meridien, by then a division of Starwood. The New York hotel was renamed the Parker New York Hotel.

    Source: Wikipedia

  7. 2019

    GFI Capital and Elliott Management buy the Parker for $420 million and plan 67 condos

    GFI Capital Resources Group and Elliott Management acquired the 38-year-old hotel in a $420 million deal financed with a $350 million Bank OZK debt package. They planned to build 67 condos on top, most of them 500 to 800 square feet and starting at $1.5 million, plus two 4,000-square-foot units at the top with 10,000 square feet of outdoor space, priced above $20 million.

    Source: commercialobserver.com

  8. 2021

    November 1

    The hotel becomes Thompson Central Park New York under Hyatt

    The hotel left the Le Méridien brand in January 2018 and was renamed the Parker New York Hotel. In 2019 it was bought by GFI Capital Resources Group and Elliott Management, who planned a $100 million renovation. On November 1, 2021, it joined Hyatt's Thompson Hotels division as Thompson Central Park New York.

    Source: Wikipedia

  9. 2024

    September

    Gencom buys the hotel for $308 million in its first New York hotel purchase

    Miami-based Gencom paid $308 million to GFI and Elliott for the 42-story, 587-key hotel, financed with a $230 million acquisition loan. The hotel was to keep operating under Hyatt as a Thompson hotel, beneath the One11 Residences condominiums. The sellers had paid $420 million almost five years earlier and had submitted a 2022 condo plan for 99 residential units.

    Source: therealdeal.com

Further reading

Nearby

All 178 buildings with stories in Midtown