5 Beekman Street
Originally built in 1881-1883, 5 Beekman was the first high-rise building in New York. GB Lodging and its affiliate GFI Development Company are converting this unique, historic structure, together with an adjacent site on Nassau Street, into a luxury hotel consisting of 285 guestrooms and 85 residences. The project will total approximately 340,000 square feet, include a 40+ story tower and intends to be a catalyst in the transformation of the Fulton Nassau Historic District. The hotel is scheduled to open late 2014.