Crain\u2019s<\/a> first reported.\u00a0Many other details are not yet known.<\/p>\nThe Watson Hotel in Hell\u2019s Kitchen, once used as a temporary migrant shelter, is slated for conversion into a 249-unit residential building. Matthew McDermott<\/p>\n
The property, which opened in 1964 as a Holiday Inn, was rebranded as the Watson in 2017 and remained popular until the pandemic forced a citywide hospitality slump.<\/p>\n
During the COVID-era emergency and amid a surge of migrants arriving in New York City, the hotel was repurposed by the Adams administration as a temporary humanitarian relief center.<\/p>\n
Developer Yellowstone Real Estate Investments, which bought the two-towered property at 440 W. 57th St. for $175 million in 2021, filed plans with the city to transform the former 600-room hotel into apartments ranging from six to 15 per floor across both wings. William Miller<\/p>\n
The hotel, originally a Holiday Inn built in 1964, was rebranded as the Watson in 2017. Facebook\/The Watson Hotel<\/p>\n
That use officially ended in June, one of dozens of such sites to close as the migrant population in city shelters began to decline.<\/p>\n
Yellowstone, led by CEO Issac Hera, has been expanding its residential footprint across Midtown. <\/p>\n
In March, the firm filed plans to convert 1730 Broadway, a 26-story office tower purchased from Blackstone for $185.9 million, into approximately 400 apartments.<\/p>\n
A spokesperson for Yellowstone did not respond to The Post\u2019s request for comment.<\/p>\n","protected":false},"excerpt":{"rendered":"A former hotel that once catered to tourists \u2014 and more recently to asylum seekers \u2014 is now…\n","protected":false},"author":3,"featured_media":67770,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,11096,18808,12611,2556,47803,17054,42134,5418,17833,17834,405,403,5226,5225,5228,5227,4329,10204,67,586,132,5230,68,2969],"class_list":{"0":"post-67769","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-apartments","10":"tag-asylum","11":"tag-commercial-real-estate","12":"tag-development","13":"tag-hells-kitchen","14":"tag-hotels","15":"tag-luxury-development","16":"tag-luxury-real-estate","17":"tag-midtown","18":"tag-migrants","19":"tag-new-york","20":"tag-new-york-city","21":"tag-newyork","22":"tag-newyorkcity","23":"tag-ny","24":"tag-nyc","25":"tag-real-estate","26":"tag-residential-real-estate","27":"tag-united-states","28":"tag-united-states-of-america","29":"tag-unitedstates","30":"tag-unitedstatesofamerica","31":"tag-us","32":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114864201624112466","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/67769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=67769"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/67769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/67770"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=67769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=67769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=67769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}