Home News One of NYC’s last hourly-rate hotels is calling it quits

One of NYC’s last hourly-rate hotels is calling it quits

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But after 40 years as the city’s finest motel, a three-story, 6,735-square-foot building at 500 W. 14th St. is looking for a buyer.

The building is barely unpretentious, well-maintained and unobtrusive. According to B6 Real Estate, a brokerage firm that sells real estate, its owners are expected to sell for mid- $ 20 million. Current zoning methods allow developers to build up to 11,225 square feet on their site. This is almost twice the size of today’s hotels.

Despite its pesky history, the hotel has received relatively good online reviews that emphasize its cleanliness and attention to detail. The ryokan offers indoor television that broadcasts free pornography from the 1970s that “promotes the fall.” Vending machine with condoms, drinks and snacks. In addition to mirrored ceilings and fluorescent lights, Yelp reviewers said it was “a great place for afternoon hoopies.”

The hotel is still accepting guests. But once it sells, it releases the shutter forever.

Rooms start at $ 95 for 2 hours, depending on the amenities you are looking for. An overnight stay will give you $ 200.

The current owner, Edward Laboy and his wife, took over the management of the hotel in 1977. At that time, the ultra-chic Meatpacking District was now one of Manhattan’s most devastated districts.

Abandoned buildings and worn streets Slaughterhouse and meat packaging factory At some point in the 20th century, one-third of the country’s slaughtered meat was produced. In 1900, there were 250 meat processing facilities in the area.

By the 1970s, the gay club scene was booming. From 1974 to 1985, the hotel’s base was Freddie Mercury’s favorite gay BDSM sex club called Anvil. Other notable clubs in the area surrounded it.

Raboy found that most of the hotel’s demand during that period came from people who needed a room for only a few hours, so he was devoted to it, he said in an interview with the Whitney Museum of American Art.Email requesting comment Klein’s I was sent to the hotel but bounced off.

Today, the perimeter of the building is completely Transform.. The hotel is sandwiched between fashion designer Diane von Furstenberg’s 14th Avenue boutique and a $ 260 million park funded by her husband Little Island. Tesla dealers and Google’s Hudson Square campus are nearby.

Down the street, Kobrick Coffee Co.’s latte costs $ 6, but trendy restaurants and hotels used to be in dilapidated buildings. Apartments in the area command some of the highest rents in the city.

All the while, Liberty Inn has been sticking to its roots.

The decision to sell the hotel is bittersweet for Jeffrey Lefrancois, Executive Director of the Meat Packaging Business Improvement District. “For many, it’s a nice surprise that this hotel is still there,” he said. “It’s not surprising that it’s on the market right now.”

According to broker Brock Emmetsberger, the partner who owns the building simply decides to move on, not because the business is bad. “From talking to management, it seems like it’s doing well now,” he said.

The exterior of the building is currently zoned as M1-5 and can be used for retail, hospitality and hotel purposes.

At the moment, this is one of the rare glimpses of the Meatpacking District, which most New Yorkers don’t seem to recognize.

“Despite the’cleanup’of the Meatpacking District, I love Liberty Inn still existing,” Rose F. wrote in a review. She said she was taking her boyfriend there to avoid sleeping with her boyfriend in her family’s apartment.

“I might take my husband someday because of the old days.”

She should move.

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