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The two towers, back from the dead. (Pay a Visit)

There Will Be a Clocktower Hotel After All, With Ian Schrager Ringing the Bell

The Observer is not sure which is worse: a Tommy Hilfiger-themed hotel or just another blasé Marriott. The fashion designer had planned to tranform the Madison Square icon into a red-white-and-blue boutique hotel before he backed out. A plan to turn the landmark into condos already failed, but the owners have found a new buyer who still wants a hotel overlooking Shake Shack. Read More

Inn Demand

So Hip, So Troubled: W Union Square Trades

A hotel chain has purchased the hip, but troubled W Hotel in Union Square for well below the price it fetched at the height of the market. 

Host Hotels and Resorts, based in Bethesda, Md., has purchased the hipster vacation paradise for $185.2 million, city records show.

The W features a two-story Mediterranean restaurant with Read More