By now we know, there are definitely no shortages of new hotels opening in New York City. And yet we've just learned of a new one opening at 45 West 38th Street between Fifth and Sixth Avenues. The 21-story commercial office building which was bought by Lodgeworks in September 2011 for $48 million and razed, will become the site of the new 180-room, Hotel 38.
The new building will host a fitness center, restaurant, an open business center and rooftop bar. Construction is expected to commence shortly, with a tentative opening date early in first quarter of 2013.