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Old Posted Aug 31, 2009, 11:05 PM
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http://therealdeal.com/newyork/artic...-borough-hotel

Japanese firm plans largest borough hotel

August 28, 2009
By Adam Pincus

Quote:
Despite the weak hospitality market, a no-frills Japanese hotel company is moving ahead with plans to build a 699-unit hotel across the street from the Citibank tower in Long Island City, Queens, which if built would become the city's largest hotel in the outer boroughs.

The hotelier Toyoko Inn filed an application this month with the Department of City Planning seeking approval for a floor area bonus in exchange for building subway improvements, according to agency documents.

Plans describe a hotel 385 feet tall with 699 rooms, making it the largest hotel in the outer boroughs and the 22nd largest hotel in the city. It will be 15 stories shorter than the 50-story Citibank tower nearby.
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