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FiDi's Temple Court Sells to Another Hotel Owner

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[Photos via Scouting NY.]

Our hearts broke a little bit when hotelier Andre Balazs' deal to purchase decayed urban treasure 5 Beekman Street fell through early this year. But it sounds like the property will become a hotel after all: The Real Deal hears that a joint venture partnership has made a deal to purchase the building at an unspecified price, and one of the partners is the owner of the Ace Hotel. The broker says the deal should close within a few weeks. In the meantime, any intel on the plans welcomed in comments or to the tipline.
· Ace Hotel owner, others buy Temple Court building in FiDi [Real Deal]
· 5 Beekman Street coverage [Curbed]

5 Beekman Street

5 Beekman St., New York, NY 10038

5 Beekman Street, New York, NY