{"id":1004322737,"date":"2019-05-16T08:22:36","date_gmt":"2019-05-16T16:22:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004322737"},"modified":"2022-03-03T21:20:50","modified_gmt":"2022-03-04T05:20:50","slug":"hilton-grand-vacations-expands-nyc-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hilton-grand-vacations-expands-nyc-portfolio\/","title":{"rendered":"Hilton Grand Vacations Expands NYC Portfolio"},"content":{"rendered":"<div id=\"attachment_1004322740\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004322740\" data-attachment-id=\"1004322740\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hilton-grand-vacations-expands-nyc-portfolio\/the-central-at-5th-by-hilton-club-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" 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;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"The Central at 5th by Hilton Club 2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png?w=800\" loading=\"lazy\" class=\"wp-image-1004322740 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png\" alt=\"The Central at 5th by Hilton Club. Image courtesy of Hilton Grand Vacations Inc. \" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/05\/The-Central-at-5th-by-Hilton-Club-2.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004322740\" class=\"wp-caption-text\">The Central at 5th by Hilton Club.<em> Image courtesy of Hilton Grand Vacations Inc. <\/em><\/p><\/div>\n<p>After announcing plans to <a href=\"https:\/\/www.commercialsearch.com\/news\/hilton-plans-388-key-timeshare-resort-in-hawaii\/\">open a 388-key hotel in Hawaii<\/a>, Hilton Grand Vacations Inc. has expanded its portfolio with The Central at 5<sup>th<\/sup> by Hilton Club, a 34-story building situated in New York City. Hidrock Properties developed the hotel for HGV, marking its fifth NYC property.<\/p>\n<p>Located at 12-14 E. 48<sup>th<\/sup> St., between Firth Avenue and Madison Avenue, the hotel provides convenient access to shopping and entertainment venues on Fifth Avenue and to attractions such as Rockefeller Center, the Museum of Modern Art, Radio City Music Hall and the Theater District.<\/p>\n<p>The Central at 5<sup>th<\/sup> by Hilton Club totals approximately 125,000 square feet with roughly 115,000 square feet above grade and includes common-area amenities, such as an owners\u2019 lounge with outside terrace and fully equipped fitness center. The company plans to acquire the property in two phases which consists of a 161 studio and one-bedroom units, a resort scheduled to open in 2020 and a ground floor retail space on the 47<sup>th<\/sup> St. side.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 34-story commercial property will be acquired in two phases consisting of 161 units and a resort, set to open in 2020. <\/p>\n","protected":false},"author":2518,"featured_media":1004322740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21782,21751,1600,21742,10],"tags":[45101,33024],"class_list":["post-1004322737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-development","category-hotel","category-new-york","category-latest","category-northeast","tag-hidrock-properties","tag-hilton-grand-vacations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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