St. Regis Hotels & Resorts Announces Exclusive Residences at the Legendary Flagship in New York
WHITE PLAINS, N.Y. | St. Regis Hotels & Resorts, the world-renowned luxury hotels and resorts brand, announced the unique opportunity to call The St. Regis(R) Hotel, New York your home in Manhattan. In 2006, four full floors (8 - 11) of the legendary property will be offered as exclusive residential dwellings. "Prompted by our guests' reluctance to leave The St. Regis Hotel, New York, we are delighted to introduce an exclusive number of fractional and wholly-owned hotel condominium residences which further extend the St. Regis lifestyle," stated Kerry Hatch, President of St. Regis Hotels & Resorts.
The St. Regis Hotel, New York is revered as one of the finest addresses in the world. The hotel's luxurious Beaux Arts exterior, dramatic public spaces, richly designed guest rooms and impeccable service create a luxurious, residential environment, while personal butlers attend to every wish and desire. While many years ago, guests including Salvador Dali, Babe Paley and Marilyn Monroe once "lived" at The St. Regis Hotel, New York for extended periods of time, it is the first time any of the deluxe guest rooms or suites in the Beaux-Arts building will be available for sale.
The introduction of St. Regis Residence Club, New York, Inc. follows the phenomenal success of the St. Regis Residence Club, Aspen, the first fractional offering from the ultra-luxe St. Regis brand which set a new benchmark for luxury fractional sales when a four-week membership was sold for over $1 million. St. Regis Residence Club, New York will be located on the 8th and 9th floors of the hotel, and will offer 22 deluxe studios, one or two bedroom suites with membership sold in 28-day increments. Additionally, two full floors of wholly-owned St. Regis Residences(SM) will occupy the 10th and 11th floors. Sales of both residential offerings are underway with expected occupancy of Summer 2006.
"The St. Regis Residence Club, New York will be an exceptional opportunity for a limited few to own part of this landmark property. The St. Regis Residence Club, New York will redefine customer service and luxury in the fractional market," said Raymond L. "Rip" Gellein, Jr., Chief Executive Officer of Starwood Vacation Ownership.
The St. Regis Residences and The St. Regis Residence Club, New York, as well as the hotel's stately guest rooms and suites, have been redesigned by noted interior designers Sills Huniford, known for their work with such clients as Tina Turner and Vera Wang, and will be offered to potential buyers in two color schemes: steel blue-green and yellow saffron daffodil. The design team, recognized worldwide and celebrated by major design publications for their extraordinary sense of space, color, texture and style, have created timeless spaces that embrace the legacy of the St. Regis of unsurpassed luxury and trademark sophistication. All St. Regis Residences will feature silk draped canopy beds, deeply carved crown moldings, crystal chandeliers, marble bathrooms with double sinks, private shower stalls and the most updated technology available today.
The St. Regis Residences and The St. Regis Residences Club, New York will have exclusive access to the hotel's sumptuous amenities and trademark service, including St. Regis butler service, world-renowned concierge team, famed King Cole Bar & Lounge(R), and the new luxurious Remede(R) Spa and fitness center, just to name a few.
For St. Regis Residence Club, New York sales inquires, please call 212/835-9100 or visit . For St. Regis Residences sales inquiries, please call 212/350-7137 or visit .
St. Regis Hotels & Resorts includes the most celebrated properties in the world. Founded by John Jacob Astor with landmark St. Regis Hotel, New York over a century ago, the company will unveil highly anticipated St. Regis properties in Bora Bora, French Polynesia (2006) Fort Lauderdale (2006), Anguilla (2007), Mexico City (2007), Punta Mita, Mexico (2007), Singapore (2007), Atlanta (2008) Bal Harbour, FL (2008) and Deer Valley, UT (2008) that will further enhance the brand's legacy. Personalized service and amenities, enviable locations and luxuriously localized design are recognized worldwide as hallmarks of the St. Regis experience. For more information on St. Regis Hotels & Resorts, please visit .
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(Note: This press release contains forward-looking statements within the meaning of federal securities regulations. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties and other factors that may cause actual results or events to differ materially from those anticipated at the time the forward-looking statements are made. These risks and uncertainties are presented in detail in our filings with the Securities and Exchange Commission. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results and events will not materially differ. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.)
This advertisement is not an offering. No offering can be made until an offering plan is filed with the office of the attorney general of the state of New York. This advertisement is made pursuant to cooperative policy statement no. 1 issued by the New York State Attorney General. File no. Cp-04-0121. Sponsor: Fifth Avenue Hotel Suites, LLC, 1111 Westchester Avenue, White Plains, New York 10604.
