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Long Island City Hotel: Luxury or Let Down?

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Why hello there, boring press release that turns out to be interesting on second glance! It appears that Long Island City is getting a brand new hotel, but unfortunately, we don't know whether we're talking about W Hotel opulence or, like, Le Bleu "opulence." From the inbox:

The Commercial Division of Daniel Gale Sotheby's International Realty, one of the nation's leading realtors, recently played a significant role in the sale of five parcels along Jackson Avenue, one block from Court Square in Long Island City, to an international holding corporation. The lots have been assembled for the future construction of a hotel. Further details on the new project were not disclosed.We followed up, but we were shot down on the topic of who the buyer is. Developing...
· Daniel Gale Sotheby's International Realty [danielgale.com]