HFZ Capital Group, the leading Manhattan-based real estate development and investment company,
announced today that Six Senses Hotels Resorts Spas, the Bangkok-based operator of a celebrated collection
of five-star hospitality properties in some of the world's most idyllic locations, will open its flagship North
American urban hotel at HFZ's visionary full block mixed-use development project currently under
construction at 76 11th Avenue along New York City's famed High Line park. The overall project, named The
Eleventh and slated to open in 2019, features two soaring towers between the High Line and Hudson River
designed by award-winning architecture firm, BIG (Bjarke Ingels Group). The architecture draws inspiration
from New York City's classic Modernist structures and cultural institutions, while skewing traditional
skyscraper geometry with rotating forms that maximise views from both towers. The stone and metal
facades will add a dynamic yet harmonious twist to a vibrant West Chelsea neighbourhood that has become
known around the world for its groundbreaking contemporary architecture. The punched window openings,
meanwhile, are an important nod to the past, a reference to the historic industrial buildings of the
neighbourhood and nearby Meatpacking District. The towers will be the tallest buildings in West Chelsea at
approximately 300 and 400 feet tall, creating 360-degree expansive vistas of the High Line, Hudson River
and downtown and midtown Manhattan skylines. In addition to bringing a rare new five-star hotel to
downtown Manhattan, The Eleventh will offer a new level of elite residential development in New York, with an
unprecedented combination of location, architecture, interior design, views, services and lifestyle offerings
within a downtown address. HFZ expects this truly comprehensive luxury lifestyle to resonate domestically
and abroad, with five-star hotel and spa services and magnificent views from every home being the hallmarks
of The Eleventh's approximately 240 residences, spread throughout the two towers. Additionally, one of the
project's most exciting aspects is a partnership with Friends of the High Line, which is collaborating with HFZ
on a public open-air pedestrian promenade on the site that will run adjacent to the High Line. "When we
acquired the last major downtown development site in 2015 we had a blank slate to create a new
neighbourhood on one of the world's most valuable and desired pieces of land. We immediately began seeking
collaborators that would meet our vision and enhance it," said HFZ Capital Group Chairman and Founder Ziel
Feldman. "It's an urban location, yet our site is flanked by the greenery of the High Line and the calm of the
Hudson River. Six Senses operates some of the most beautiful eco-conscious resorts in the world and we
knew they were the right partner to explore that connection to nature and create something unique to New
York City." The extraordinary setting combined with an exciting new development project made this
opportunity an idyllic "urban home" for the first U.S. hotel project for Six Senses Hotels Resorts Spas, and its
flagship urban property. It will be a signature addition to the Six Senses collection, joining lauded resort
properties in Thailand, Maldives, Oman, Portugal and elsewhere. Six Senses currently operates 10 resorts and
28 spas within a portfolio of inspiring destinations informed by the brand's dedication to marrying wellness
and sustainability with uncompromised high-end facilities and services. Pegasus Capital Advisors L.P., the New
York-based private equity fund that acquired Six Senses Hotels Reports Spas in 2012, is also a partner in the
development project with HFZ. "We've long admired HFZ's portfolio of properties and they are the perfect
partner to bring the Six Senses DNA to a thriving metropolis," said Craig Cogut, chairman and president of
Pegasus. "Partnering with HFZ also means that we are working with an organisation with the same passion for
design, sustainability and wellness. Over the past three years we have been developing a series of innovative
wellness programs that live within our Six Senses Integrated Wellness offerings. Taking these personalised
health and spa experiences to New York and combining them with our unique approach to design, building
and guest experience will create an exciting footprint in this amazing city," added Six Senses Hotels Resorts
Spas CEO Neil Jacobs. Six Senses New York will be located within the East Tower of The Eleventh and feature
137 keys and a large spa, with condominium residences above. The West Tower, the taller of the two, will be
entirely dedicated to condominium residences. Further details on the residences, including availability, are
forthcoming.