Printer Friendly

Young hotelier to open Garment District spot.

Byline: Amy Tennery

When Fashion 26 opens its doors this December, one young hotelier may have white knuckles: The spot is the first that Steven Kassin, the 24-year-old Infinity Group principal, has led from start to finish.

"It's my baby," Kassin said of the Garment District hotel at 152 West 26th Street, on the corner of Seventh Avenue. "I'm young and I can't afford to mess up."

Kassin, who's been working with the Infinity Group since graduating with his bachelor's and master's degrees from New York University at age 20, is heading up the $90 million project, in partnership with CPI, Citigroup's real estate private equity group. Rooms start at $275 per night.

In planning 280-key Fashion 26, a Wyndham-brand hotel, Kassin said he tapped the history of the Garment District, where his father operated a family business.

Kassin said the Garment District hasn't received a great deal of attention from developers: "We found this to be a great opportunity to theme [the hotel] to the history of the neighborhood."

He's in talks with the head of Crumbs Bake Shop, a close friend, to create specialty cupcakes that pay homage to great fashion designers. Each guest will receive one upon check-in because, as Kassin said, "It's good to have something sweet when you arrive."
COPYRIGHT 2009 Korangy Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Author:Tennery, Amy
Publication:The Real Deal
Date:Nov 2, 2009
Previous Article:Former Preferred Empire executive Jeffrey Appel moves to Bank of America.
Next Article:Property mogul lured by red carpet.

Related Articles
Garment District: Developers stitching up a residential neighborhood.
Architects drafting a better office space in Garment District.
Pig n' Whistle for 7th.
Bargains go beyond $9.99 in Garment District.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters