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Stewart Hotel Affordable Housing Conversion

Sector: Hotel • Location: New York, United States

Source: Connect CRE

Project
Planned

Slate Property Group and nonprofit Breaking Ground acquired the Stewart Hotel in Midtown Manhattan and plan to convert the hotel into 579 permanently affordable residential apartments. The project involves a hotel-to-residential conversion with construction set to begin late next year, aiming to complete in 24 months due to compatible floor layouts reducing construction time.

Status
Prospective
Sector
Hotel, Residential, Manufacturing (Industrial)
Location
New York, United States of America
Updated
22 Jul 2026
Source
Connect CRE

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Project Information FAQ

Project Information

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The project “Stewart Hotel Affordable Housing Conversion” is an infrastructure initiative in the Hotel sector, located in New York, New York, United States. Taiyo aggregates data on it from Connect CRE.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Slate Property Group and nonprofit Breaking Ground acquired the Stewart Hotel in Midtown Manhattan and plan to convert the hotel into 579 permanently affordable residential apartments. The project involves a hotel-to-residential conversion with construction set to begin late next year, aiming to complete in 24 months due to compatible floor layouts reducing construction time.

Original sector

Apartments

Budget

Location

Country

United States of America (USA)

State

New York

City

New York

Source

Source

Connect CRE

URL

More Details

Record type

Project

Sector

Hotel, Residential, Manufacturing (Industrial)

Article published date

2025-12-25

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