Flexible and on the grow: AKA.
AKA, the luxury brand of flexible-stay apartments, is investing $10 million to enhance amenities in its four-city portfolio.
AKA's expansion will include a new restaurant at AKA Sutton Place in New York City and AKA White Plains in Westchester, NY.
Larry Korman, AKA partner, said, "These new amenities will meet the evolving needs of today's travelers. AKA is, at heart, a family company, and we want our guests to feel at home while away from home."
AKA Sutton Place is also adding an espresso bar and cafe, lounge area with fireplace, media center and open-air garden with water wall feature. The 2,500 s/f space, designed by Meyer Davis Studio, will be completed this summer.
AKA White Plains will introduce a residents' lounge with pool table and large screen televisions, media center and a state-of-the-art fitness center. The 2,000 s/f space is being designed by Steven Learner Studio.
The renovations follow in the footsteps of the brand's flagship property, AKA Central Park, which unveiled several new amenities.
Following the capital improvements within the portfolio, AKA plans to expand to additional markets including the first location on the West Coast (Los Angeles) and the first international location (London).
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|Publication:||Real Estate Weekly|
|Article Type:||Brief article|
|Date:||Apr 27, 2011|
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