Stunning but bankrupt NYC hotel gets second chance
Call it the phoenix of Greeley Square.
The landmarked, but empty and construction-marred Martinique Hotel will soon rise from the ashes, thanks to a just-closed, hard-won leasehold purchase of the long-troubled property at Greeley Square.
The previously bankrupt hotel will reopen in stages starting as early as December, although 12 to 18 months of mostly exterior work lie ahead. It will again be branded as Curio Collection by Hilton, the flag it last carried before the pandemic shut it down.
The rebirth reflects the rising fortunes of the Broadway Nomad-area corridor south of 34th Street, where new Ritz-Carlton and Virgin