The company lost $350M during the first year of the pandemic, according to Bloomberg.ĭuring the pandemic, outposts of the luxury gym chain failed to pay rent in multiple NYC gym locations. The potential sale comes amid speculation as to Equinox Group’s financial health. The hotel is pet-friendly, and its rooms reportedly boast a “proprietary sleep system” with specialized mattresses and vitamins and supplements in place of a mini-bar. The 212-key hotel is a piece of the largely residential property, 35 Hudson Yards, and includes an outdoor terrace and a restaurant. Equinox Chairman Harvey Spevak said in 2019 the gym chain was building hotels in Seattle, Houston, Chicago and Los Angeles. Equinox plans to stay on as the property manager following the sale, The Real Deal reported.Īlthough New York City has the only open Equinox Hotel at present, the gym chain had ambitions to open a dozen hotels in other cities around the country. Related, which is run by billionaire Stephen Ross and owns a minority stake in Equinox, is working with an adviser to drum up interest in the property, Bloomberg reports.īetween the hotel, office and retail space on offer, the property could sell for more than $200M, unnamed sources told Bloomberg. is reportedly looking for a buyer for its Hudson Yards-based Equinox Hotel, which opened three years ago. Location: Hudson Yards, New York, NY, USA Main Photo: The stunning rooftop pool at The Equinox
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