Parker New York Hotel
NEW YORK CITY—The Parker New York Hotel, also known as Le Parker Meridien, will be renovated and reopened in 2021 under new ownership as a flagship Thompson Hotel. Fund manager Elliott Management Corporation and hotel developer GFI Capital acquired the Parker New York from the Jack Parker Corporation for $420 million in a deal which closed on Jan. 24.
Built in 1981, the 42-story hotel is located at 119 W. 56th St. It overlooks Central Park and is situated along the famed “Billionaires' Row” corridor in Manhattan.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
