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Article: ITT Sheraton makes multi-million investment in NYC hotels. (New York City)
- Article from:
- Real Estate Weekly
- Article date:
- April 16, 1997
CopyrightCOPYRIGHT 1997 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ITT Sheraton Will soon launch the next level of a $25 to 30 million investment in its New York City properties. The plan combines new construction, new lodging concepts, and top-of-the-line technology, creating an unparalleled range of services and facilities for the business traveler.
Two leading Sheraton properties - the Sheraton Russell (formerly the Sheraton Park Avenue) and the Sheraton Manhattan will be totally renovated and repositioned as ITT Sheraton's first and second all-corporate club hotels. Plans also include construction of a stand-alone Executive Conference Center at the Sheraton New York Hotel & Towers. The Executive Conference Center "will set new ...