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APRIL 12, 2012

HIDROCK TO BUILD WTC HOTEL

- New York Post


Hidrock Realty, a New York developer, bought a vacant lot near the World Trade
Center site in lower Manhattan where it plans to build a 300-room hotel.

The property at 133 Greenwich St. was purchased in a joint venture with Robert
Finvarb Cos. for $27.9 million, Hidrock said in a statement.

The partners plan to spend an additional $70 million to develop the 28-story hotel,
which is slated to open in 2015.

 

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