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CASPI MAKES HEADLINES FOR DEVELOPING AND TRANSFORMING HIGH-POTENTIAL PROPERTIES
PRESS & NEWS

Hôtel Barrière Fouquet’s New York to Open in 2022

The Paris-based luxury hospitality brand’s stateside debut will feature a design by Martin BrudnizkiWordsby:WillSperosDECEMBER 15, 2021 Luxury hospitality company Barrière is slated to make its U.S. debut next year with the launch ofHôtelBarrièreFouquet’sNewYork. Located in Manhattan’s Tribeca neighborhood, the eight-story hotel will capture the brand’s Parisian panache as well as the cool air of downtown …

Hôtel Barrière Fouquetto launchin NYC’s Tribeca neighborhood

TheFrenchHôtel Barrière Fouquet brand is set to expand intothe U.S.The new hotel will openNew York City’s Tribeca district in 2022, ownedby Caspi Development and operated by the French Group.The eight-story Hôtel Barrière FouquetNew York will have97 residential-style rooms and suites by designer Martin Brudnizki; several food and beverage destinationsincluding an outpost of historic French brasserie …

BRIEFS: UPDATE ON BARRIÈRE IN NEW YORK; MORE WINS FOR HAY CREEK HOTELS

Lobby at the upcoming Hôtel Barrière Fouquet’s New YorkUpdate on Barrière’s entryin New York:Set for a summer 2022 opening, new details have emerged on the development of the 97-room Hôtel BarrièreFouquet’s New York, being developed in the Tribeca district by Caspi Development and operated by the French hotel group. The design firm has been announced …

Famed Paris Luxury Hotel Brand Will Soon Call New York City Home

It’s a well-known luxury hotel to many Paris-bound luxury travelers. And now it will have a new sister in New York. Hôtel Barrière Fouquets will open a new property in New York’s Tribeca District In 2022. Barrière, the Iconic French family-owned brand will make its U.S. debut in partnership with Caspi Development, a leading real …

Hôtel Barrière Fouquet’s to Launch in New York’s Tribeca District in 2022

NEW YORK, NEW YORK—December 10, 2021 —TheluxuryHôtel Barrière Fouquet’s will mark a new era for New York’s Tribeca’s district.Ownedby Caspi Development and operated by the French Group, the elegant hotel will beBarrière’s debut in the U.S.,blending Parisian panache with Tribeca cool while delivering unparalleled sophisticated hospitality on an intimate scale.Befitting its location in the city’s …

Hôtel Barrière Fouquet’s to Launch in Tribeca, New York in 2022

Hôtel Barrière Fouquet’swill mark a new era for the company when it opens in New York’sTribeca’s neighborhood in 2022, becoming its first hotel in the United States. The hotel, according to Barrière, will blend “Parisian panache with Tribeca cool.”What can guests expect? The eight-story Hôtel Barrière Fouquet’s New York will have 97 residential-style rooms and …

Hôtel Barrière Fouquet’s New YorkHôtel Barrière Fouquet’s to Launch in New York’s Tribeca District In 2022Scheduled for 2022 –97 Rooms

The luxury Hôtel Barrière Fouquet’s will mark a new era for New York’s Tribeca’s district. Owned by Caspi Development and operated by the French Group, the elegant hotel will be Barrière’s debut in the U.S., blending Parisian panache with Tribeca cool while delivering unparalleled sophisticated hospitality on an intimate scale. Befitting its location in the …

A Welcome Return to Fancy (but Not Fussy) Dining, at Francie

This Italian-accented restaurant in Williamsburg, Brooklyn, makes a convincing, comforting argument for the pleasures of an indoor meal. Most all of us, I suspect, will always remember our first real restaurant meal of the Covid era — not the time we sat in the street next to a potted palm, blinking at the sun like …

An update on the luxury hotel coming to 456 Greenwich

I was invited to tour the construction site that is the Hotel Barriere Le Fouquet’s at 456 Greenwich and it seemed like a great opportunity to not only check out those North Tribeca views but see where the friction is between the hotel and the neighbors. Plus I’m a sucker for a hardhat tour and …

New York Real Estate Developer Sees Swift Rebound Continuing Across Condos, Rentals and Retail

Joshua Caspi helms a diverse portfolio of residential, commercial and hotel properties throughout Manhattan, the Bronx and Westchester. Joshua Caspi, principal of Caspi Development, comes from a long line of real estate developers, starting with his grandfather and then his father. They have all seen the potential in an underutilized property and reimagining it into …

Former Williamsburg Bank Becomes Boutique Office Building in Brooklyn

When developer Josh Caspi purchased 134 Broadway in Williamsburg, Brooklyn, three years ago, he knew he wanted to convert the limestone-clad former bank into a unique small office building. So, he commissioned a local artist to create sculptural representations of the nearby Williamsburg Bridge and the neighborhood. The artist, Kenneth Nilson, created a brass chandelier …

Michelin Announces 2021 Stars for New York City

New starred entrants include Rezdora, Don Angie, Jua, Kochi, and Francie   Against the backdrop of a pandemic that has shuttered at least a thousand restaurants and that has forced over 100,000 hospitality staffers out of work, Michelin’s anonymous inspectors published their rigid 2021 assessment of New York City restaurants today. The so-called Red Guide …

How Luxury Travel Is Leading the Recovery: A Skift Deep Dive

DISCIPLINED LUXURY LODGING BRANDS MAY GAIN Not every brand will be well-positioned to take advantage of a surge in demand. Yet some experts see a long-term future where domestic leisure luxury travel anticipates a worldwide sector recovery that savvy hoteliers and resort owners can capture. “The high-end tranche of the market just keeps growing long …

Caspi Development Launches Leasing at Brooklyn Apartments

Caspi Development has commenced leasing at The West, a new apartment community near the East River waterfront in the Greenpoint enclave of Brooklyn, N.Y. The 22-unit apartment community includes seven apartments that are part of the Affordable New York program. Pricing for the market-rate apartments begins at $3,035 per month for one-bedroom residences, and $4,000 …

Residential-retail building in Greenpoint, Brooklyn open for leasing.

Caspi Development’s new residential and retail building in Greenpoint, Brooklyn, is now open for leasing.  The property, named The West, is at 144 West Street near the East River waterfront. GF55 Architects designed the seven-story building based on the neighborhood’s industrial past, with a façade clad primarily in red brick. It features 22 apartments, seven …

More Hotels in the Works

Hotel Barrière Le Fouquet’s New York Topped Out Caspi Development has topped out 456 Greenwich St. in Tribeca, NY, the future home of the Hotel Barrière Le Fouquet’s New York. Managed under the Groupe Barrière brand, the property will encompass 96 guestrooms and suites. The eight-story hotel will have several F&B destinations. Amenities will include …

Caspi tops out Tribeca hotel as sector scorns the virus

Caspi Development has topped out of 456 Greenwich Street in Tribeca, the future home of the Hotel Barrière Le Fouquet’s New York. Managed under the Groupe Barrière brand, the property will have 96 guest rooms and suites. Situated between Desbrosses Street and Washington Street, the eight-story hotel will feature several food and beverage destinations, a …

New five-star Hotel Barriere Le Fouquet planned for New York’s Tribeca

Tribeca will be the future home of the five-star Hotel Barrière Le Fouquet’s New York, the first hotel in the U.S. under the Barrière brand. Caspi Development on Tuesday announced the topping out of the hotel at 456 Greenwich St., between Desbrosses Street and Washington Street in the heart of the Tribeca North Historic District, …

Caspi Development reaches topping out at 465 Greenwich Street in Tribeca

Caspi Development has announced the topping out of 456 Greenwich Street in Tribeca, the future home of the five-star Hotel Barrière Le Fouquet’s New York.  Managed under the prestigious Groupe Barrière brand, the property will encompass 96 beautifully appointed guest rooms and suites. Ideally situated between Desbrosses Street and Washington Street in the heart of …

Caspi Development Announces Topping out of 456 Greenwich Street in Tribeca

Caspi Development today announced the topping out of 456 Greenwich Street in Tribeca, the future home of the elegant five-star Hotel Barrière Le Fouquet’s New York. Managed under the prestigious Groupe Barrière brand, the property will encompass 96 beautifully appointed guest rooms and suites. Ideally situated between Desbrosses Street and Washington Street in the heart …

Caspi Tops Out at First Barrière Hotel in U.S.

Caspi Development topped out 456 Greenwich St. in Tribeca, the future home of the 96-key Hotel Barrière Le Fouquet’s New York. It’s the first hotel in the U.S. under the Barrière brand. “The topping out of 456 Greenwich Street represents a culmination of six years of tireless work by all involved, and it is our aspiration that …

Caspi Development Tops Out 96-Room Hotel Project in Manhattan

NEW YORK CITY — Locally based firm Caspi Development has topped out the Hotel Barrière Le Fouquet’s New York, a 96-room hotel that is being developed at 456 Greenwich St. in Manhattan’s Tribeca neighborhood. Upon completion in mid-2022, the eight-story hotel will house several food and beverage concepts, as well as a pool, spa and …

Hotel Barrière Le Fouquet’s New York tops out

Caspi Development has announced the topping out of 456 Greenwich Street in Tribeca, the future home of the five-star, 96-room Hotel Barrière Le Fouquet’s New York. Located between Desbrosses Street and Washington Street in Tribeca’s North Historic District, the eight-storey hotel will feature several dining venues, a private spa and swimming pool, an interior courtyard, …

456 Greenwich hotel tops out with plans for several bars and restaurants

After a very long period as a hole in the ground, the Hotel Barrière on Desbrosses, which stretches the full length of the block between Greenwich and Washington, topped out last week, and the developer already came before CB1 seeking liquor license approval for its three (four? five?) bars and restaurants. It’s an exciting plan — exciting …

President Trump Declared New York Restaurants Are Dying, Not Everyone Agrees

Restaurants are struggling all right. Hospitality experts believe that more than one thousand may have closed since the beginning of the pandemic and it’s clear the plight of the industry is atrocious. But here and there, pockets of hope are bubbling up as some chefs and restaurateurs rally with landlords and investors to adapt to …

Downtown Bank of America Building Sells to New York Developer

One of the most prominent bank buildings in Downtown Santa Rosa was sold last week by a Bay Area family to New York based Caspi Development Co. for $9,726,000. Located at the corner of Third Street and Santa Rosa Ave., the home of Bank of America has been a fixture in the Downtown core and …

Hana Fin underwrites $145 mn loan on stalled NY hotel project

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptcy, as South Korean brokerage firms are venturing into value-add and opportunistic real estate projects beyond overpriced properties. The loan for the 96-room hotel development at 456 Greenwich Street in Tribeca consists …

These were the 10 largest Manhattan real estate loans in November

Two $350M leasehold loans were tied for top spot The top 10 Manhattan loans recorded in November totaled $2.1 billion, a 60 percent drop from October. One building appeared in the top four twice, as the owners of the leasehold on 195 Broadway and the ground underneath it both took out big loans to finance their …

Tribeca Is New York’s Next Big Creative Neighborhood

The Lower Manhattan neighborhood comes full sophisticated circle. Tribeca, long one of Manhattan’s priciest enclaves, has returned to its roots as a haven for artists—though this time with deeper pockets. To the north in Chelsea, ground zero for the New York gallery scene, the High Line and the nearby $25 billion Hudson Yards development have sent rents skyrocketing, prompting some of …