Reveal for 24-Story, 122-Key Hotel Indigo at 120 Water Street, Financial District

120 Water Street120 Water Street. Rendering via Commercial Observer

A rendering has been revealed of the 24-story, 122-key Hotel Indigo planned at 120 Water Street, in the Financial District, by the Commercial Observer. The new building will encompass 51,600 square feet and guest amenities will include a fitness center, a restaurant & bar on the ground floor, a rooftop bar & lounge on the top floor, and bike storage space in the cellar. The hotel rooms should average 360 square feet apiece. Long Island-based Atlas Hospitality is the developer and Gene Kaufman’s SoHo-based architectural firm is the architect of record. Since YIMBY’s report on the planned hotel in December of 2014, the project has shrunk from 31 stories and 150 rooms to 24 stories and 122 rooms. The project also has a different developer and architect. The 36-foot-wide, 2,877-square-foot assemblage is currently occupied by four- and five-story mixed-use buildings. Demolition permits were filed in November of 2015. Completion of the new hotel is scheduled for the spring of 2018.

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3 Comments on "Reveal for 24-Story, 122-Key Hotel Indigo at 120 Water Street, Financial District"

  1. Hello..YIMBY..this is photo of progress, 24-story can be finished in one month.

  2. Hi, Are you sure this is by Atlas Hospitality or is it by Atlas Capital?

  3. Marc Leslie Kagan | July 26, 2016 at 2:51 am |

    Just what New York needs another ugly hotel. God awful design.

Comments are closed.