61 Bond Street Hotel

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Project at a Glance

Location: Brooklyn, NY
Value: $65M
General Contractor: Broadway Construction Group, LLC
Owner: GFI Development Company


Project Overview:

61 Bond Street Hotel CPM Scheduling

The first permits are up for a 13-story hotel at 61 Bond Street in Downtown Brooklyn, which will be chiefly located on Schermerhorn, with only a sliver fronting Bond Street. GB Lodging is listed as the project’s developer, and the architect of record is Stonehill & Taylor.

The Commercial Observer reported that GFI and Spruce Capital have partnered to construct an Ace Hotel in Downtown Brooklyn, and while the LLC on the permits for 61 Bond is different, the filings correspond to the site listed in the article.

Permits indicate the tower will span 156,985 square feet, with a total of 285 rooms, making it one of the larger new hotels in the neighborhood. GB Lodging’s portfolio includes several higher-end developments including The Beekman, which will be topped by contemporary turrets, and if 61 Bond Street is home to the new Ace Hotel, an attractive final product would be likely.




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