Permits have been filed for a 21-story hotel at 212 Pearl Street in Manhattan’s Financial District. Located at the northeast corner of Pearl Street and Fletcher Street, the proposed hotel is two blocks west of South Street Seaport, a popular tourist spot. The Fulton Street transit center is less than a five-minute walk away, serviced by the 2, 3, 4, 5, A, C, J and Z trains. George Drallios of Chaon LLC is listed as the owner behind the applications.
The concrete structure will yield 26,413 square feet with 21,120 square feet dedicated to hotel rooms. Permits detail the 244-foot tall building will have 48 hotel units, averaging 440 square feet each. Gene Kaufman Architect PC is responsible for the design.
No demolition permits have been filed as of yet and the Pearl Street Diner located at the site is currently still open for business. The estimated completion date has not been announced.