Opening boutique hotels in New York City has become the hottest new field in the industry the past seven years. There has been a slow down in new development due to the recession the past few years but things are starting to heat up again.
There are no bad areas in New York City anymore. Hotels are opening on the Far West Side, the Lower East Side, Harlem etc.etc.etc.
I represent a number of major hotel companies that are looking to open in Manhattan so I have become an expert in finding and developing sites for boutique hotels.
It is exciting to walk the streets of NYC and see all the new "cool" hotels that are opening.