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Soho's first hotel to open in June.

The Mercer hotel, currently under construction, is now being targeted for a June opening at 99 Prince Street in SoHo.

The first and only hotel in this historic landmarked section of Manhattan, The Mercer's construction is being built by general contractor Civale & Trovato, Inc. (CTI). Boston Properties Management Services, the real estate development firm head by Mortimer B. Zuckerman, is providing construction consulting services.

"We are very pleased to be working with the country's top real estate development and construction management experts," said hotel president Andre Balazs. "Our philosophy is that quality service begins from the ground up. That's why we selected CTI and Boston Properties."

The fully-financed six-story hotel will be the sole luxury hotel between Midtown and Wall Street, an area representing nearly one third of Manhattan. The Mercer project won City Planning Commission approval on March 7, 1991, and is expected to be completed in June, 1992.

"It is a pleasure and a challenge to be involved with a project of such sophistication in quality, design and detail," said CTI Founding Executive Matthew Trovato. "It's a hotel that we'll all be proud of."

The Mercer has pursued an exterior preservation program of extraordinary scope and ambition. With input from the New York City Preservation Commission and the private New York Landmarks Conservancy, the hotel's historic structure - built over a hundred years ago by John Jacob Astor - has been restored with a care and accuracy that represents the state of the art in architectual restoration.

The Mercer is a dream brought to fruition by Balazs and architect Campion A. Platt. In addition to Trovato of CTI and Middleton and Bellman of Boston Properties, the management and design teams include: Paul Nair, director of Estimating at CTI; Serge Becker, interior designer; Calvin Tsao, partner, Tsao & McKown Architects; and Lee S. Jablin, partner, Harman Jablin Architects.

The 78-room Mercer will offer the conveniences of 24-hour room service, a restaurant, suites with faxes and the "Mercer Tipsheet" - a daily newsletter provided to guests that will list the following day's cultural and special events.
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Title Annotation:Mercer Hotel
Publication:Real Estate Weekly
Date:Apr 1, 1992
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