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Meanwhile, Not Just at the Hotel Chelsea

Developer Joseph Chetrit and luxury hotel operator King & Grove just went their separate ways at the Hotel Chelsea, where King & Grove bought out Chetrit's stake in the property. The change of ownership was just one piece of a larger transition, The Real Deal explains. Chetrit and King & Grove have actually split up their hotel portfolio entirely, with King & Grove founder Ed Scheetz taking over the King & Grove New York, King & Grove Lafayette, and King & Grove Williamsburg. Chetrit will keep the remaining hotels in the partnership's portfolio. [Real Deal; previously]

Hotel Chelsea

222 West 23rd Street, New York, NY 10011 Visit Website