Yang Zhi Lu, doing business as Lower East Side-based Prospect Brothers Realty LLC, has filed applications for a six-story, 87-key hotel at 150 20th Street, in Greenwood, located five blocks south of the Prospect Avenue stop on the R train. The new building will encompass 29,278 square feet and its hotel rooms should average a budget-sized 287 square feet apiece. Guest amenities will include a meeting room on the ground floor, a breakfast area in the cellar, and 12 surface parking spots. Chinatown-based Jung Wor Chin Architect is the applicant of record. The project would replace a 125-foot-wide, single-story warehouse and demolition permits were filed in raze it this past December.
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ANOTHER hotel in this area?? There’s no way there can be this much demand. This is a direct result of the city’s restrictive zoning and loopholes for hotels. This is the way developers profit, so it’s what they build. If the city encouraged other uses, with similar density and land-use allowances, then we’d get more of a variety of construction.
you say hotel, profits say future shelter