The newly developed and eager🥂ly anticipated Viceroy New York at 120 W. 57th St. is being purchased by American Realty Capital New York Recovery REIT for $148.5 million, which equals $615,000 per key.
When it opens in early October, its 240 rꦓooms, d💜esigned by Roman and Williams will be managed by the Viceroy Hotel Group and cost upward of $599 per night.
The architects behind the Standard and the Ace made this dark building more like a man cave with dark woods and brass fixtures. At the street, the Gerber Group has Chef Marc Murphy to lead🥃 the food in its restaurant, Kingside.
NYRR is also buying a preferred equity stake in the 27-story, 513,000 square foot 123♉ Williꩲam St. for $40 million.
The deal for the properties, announced Tuesday🍌, was made without brokers.
The Viceroy was developed and is being sold by ARK Rea🐻l Estate, which has a temporary Certificate of Occupancy but still has 17 open items t🍸o get a permanent one, according to city records.