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Brokerage
Posted: January 17, 2023
JLL’s hotels & hospitality group closes sale of Mr. C Seaport
Manhattan, NY JLL’s Hotels & Hospitality Group announced today that it has closed the sale of Mr. C Seaport, a 66-key boutique luxury hotel in the Seaport District.
JLL represented the seller, Atlantic Pearl Investments, Inc.
Located at 33 Peck Slip, on the corner of Peck and Front St., Mr. C Seaport is situated within walking distance of the Financial District, Pier 17 and the Tin Building by Jean-Georges, a 53,000 s/f marketplace that opened in 2022. The property re-opened in 2018 after a major renovation, which converted the hotel from 72 rooms to 66, allowing for larger and more luxurious rooms. With 66 appointed guestrooms, the hotel offers views of lower Manhattan with the Financial District to the west and Brooklyn Bridge and the East River.
The JLL Hotels & Hospitality team representing the seller was led by senior managing director Jeffrey Davis, executive vice president Stephany Chen and associate Harry Keeshan.
“The sale of the Mr. C Seaport is a true testament of the lodging market’s recovery, specifically in New York City. Investors continue to focus on strategic acquisitions in the city as the market outperforms,” said Davis.
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