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Life Hotel Renovation and Development

Sector: Road • Location: New York, United States

Source: The Real Deal

Project
Foreclosed

The Life Hotel project involved the renovation and development of the former Life Magazine headquarters and residences into a chic hotel with a celebrity chef restaurant in Herald Square, New York City. The project was a partnership between restaurateur Stephen Hanson and real estate developer David Mitchell, with Jeffrey Epstein acting as an advisor and mentor. The hotel faced significant financi

Status
Failure
Sector
Road, Hotel, Commercial, Residential
Location
New York, United States of America
Updated
22 Jul 2026
Source
The Real Deal

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Project Information

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The project “Life Hotel Renovation and Development” is an infrastructure initiative in the Road sector, located in New York, New York, United States. Taiyo aggregates data on it from The Real Deal.

Participants

Not available for this record.

Status

Original status

foreclosed

Taiyo status

Failure

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Life Hotel project involved the renovation and development of the former Life Magazine headquarters and residences into a chic hotel with a celebrity chef restaurant in Herald Square, New York City. The project was a partnership between restaurateur Stephen Hanson and real estate developer David Mitchell, with Jeffrey Epstein acting as an advisor and mentor. The hotel faced significant financial difficulties, construction delays, and operational challenges, ultimately leading to foreclosure in 2023.

Original sector

Commercial

Budget

Location

Country

United States of America (USA)

State

New York

City

New York

Source

Source

The Real Deal

URL

More Details

Record type

Project

Sector

Road, Hotel, Commercial, Residential

Article published date

2026-03-21

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