About the hotel
DoubleTree Metropolitan NYC
Co-Sponsor | Developer | Co-Property Manager
Oxford co-led acquisition of the 751-room landmark Loews hotel at 51st and Lexington in Midtown Manhattan and executed comprehensive $145 Million redevelopment, operational re-positioning and re-branding to The Doubletree Metropolitan Hotel – New York City. The project was awarded “Best Renovation in the U.S.” by Lodging Hospitality Magazine. The property has successfully harvested and recapitalized at increasing valuations a number of times, culminating in a sale/recapitalization at $335M valuation to a public REIT.
DoubleTree Metropolitan NYC Hotel
569 Lexington Avenue, New York, New York 10022