{"id":1004021016,"date":"2010-06-18T08:40:24","date_gmt":"2010-06-18T16:40:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004021016"},"modified":"2022-12-08T21:40:06","modified_gmt":"2022-12-09T05:40:06","slug":"partnership-acquires-knickerbocker-hotel-in-times-square","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/partnership-acquires-knickerbocker-hotel-in-times-square\/","title":{"rendered":"Partnership Acquires Knickerbocker Hotel in Times Square"},"content":{"rendered":"<p>June 18, 2010<br \/>\nBy Allison Landa, News Editor<\/p>\n<p><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004021017\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/partnership-acquires-knickerbocker-hotel-in-times-square\/knickerbocker-hotel\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg\" data-orig-size=\"386,565\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Knickerbocker Hotel\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg?w=386\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg\" alt=\"\" title=\"Knickerbocker Hotel\" width=\"204\" height=\"300\" class=\"alignright size-medium wp-image-1004021017\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg 386w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg?resize=205,300 205w\" sizes=\"auto, (max-width: 204px) 100vw, 204px\" \/><\/a><\/p>\n<p>A triad consisting of Highgate Holdings, Ashkenazy Acquisitions Corp. and Crown Acquisitions has purchased the 300,000-square-foot Knickerbocker Hotel and an adjacent 10,000-square-foot lot in Manhattan\u2019s Times Square.<\/p>\n<p>The purchase kicks off a major mixed-use redevelopment effort for the historic Beaux Arts building, which will be converted to an upscale boutique hotel with high-end retail at the base. The adjoining lot will also be developed into a luxury retail complex.<\/p>\n<p>The hotel went back to lender Danske Bank in March. <\/p>\n<p>In 1906, the property opened as the Knickerbocker Hotel at the southeast corner of 42nd Street. It was built by John Jacob Astor and later known as the Newsweek Building. Singer Enrico Caruso was one of the celebrities to make his home there. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The purchase kicks off a major mixed-use redevelopment effort for the historic Beaux Arts building, which will be converted to an upscale boutique hotel with high-end retail at the base. The adjoining lot will also be developed into a luxury retail complex.<\/p>\n","protected":false},"author":936,"featured_media":1004021017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21751,21742],"tags":[],"class_list":["post-1004021016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotel","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Partnership Acquires Knickerbocker Hotel in Times Square - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/partnership-acquires-knickerbocker-hotel-in-times-square\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Partnership Acquires Knickerbocker Hotel in Times Square\" \/>\n<meta property=\"og:description\" content=\"The purchase kicks off a major mixed-use redevelopment effort for the historic Beaux Arts building, which will be converted to an upscale boutique hotel with high-end retail at the base. The adjoining lot will also be developed into a luxury retail complex.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/partnership-acquires-knickerbocker-hotel-in-times-square\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2010-06-18T16:40:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:40:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2010\/06\/Knickerbocker-Hotel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"386\" \/>\n\t<meta property=\"og:image:height\" content=\"565\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Allison Landa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/\"},\"author\":{\"name\":\"Allison Landa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/0eb45390ae3124c14a919b7ec7bd2249\"},\"headline\":\"Partnership Acquires Knickerbocker Hotel in Times Square\",\"datePublished\":\"2010-06-18T16:40:24+00:00\",\"dateModified\":\"2022-12-09T05:40:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/\"},\"wordCount\":135,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2010\\\/06\\\/Knickerbocker-Hotel.jpg\",\"articleSection\":[\"Hotel\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-acquires-knickerbocker-hotel-in-times-square\\\/\",\"name\":\"Partnership Acquires Knickerbocker Hotel in Times Square - 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