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 most coveted neighborhood, the eight-story Hôtel Barrière Fouquet’s New York features 97 residential-style rooms and suites by world-renowned designer Martin Brudnizki; vibrant food and beverage destinations, including an outpost of historic French brasserie Fouquet’s; and amenities ranging from a Spa Diane Barrière with a glamorous spa pool to state of the art Cannes screening room and rooftop terrace. Hôtel Barrière Fouquet’s New York is the first U.S. outpost of France’s family-run groupe Barrière, known for its Frenchart de vivre, and a new landmark on Tribeca’s cobblestoned streets.Joshua Caspi, Principal ofCaspi Development, procured the 456 Greenwich Street site creating a once-in-a-generation opportunity to develop a high-end hospitality experience in Manhattan’s Tribeca neighborhood.Taking up an expansive three-block radius, the hotel is ideally situated between Desbrosses Street and Washington Street in the heart of the Tribeca North Historic District.The four-generationgroupe Barrière brand has embodied the prestige of French luxury and expertise for 110 years. Having recentlygained a foothold in North America with the opening of Hôtel Barrière Le Carl Gustaf St Barth in September 2020, the expansion into New York will mark a new milestone for thebrand. As the first in the U.S., Hotel Barrière Fouquet’s New York will display the French spirit and elegance that lives at every one of its properties. Leading operations isGilles Stellardo, the hotel’s newly appointed General Manager. Gilles maintains years of experience in the industry with a deep knowledge of both the French and New York markets.Caspi Development is a longstanding leader in the ownership, management, and development of hotel, residential, and office properties across the New York metropolitan area. With deep expertise in identifying and developing properties with untapped potential, Caspi’s family-owned, hands-on approach to all projects is key to its success. The company’s three-generation pedigree translates into nearly half a century of industry knowledge.“We are honored to bring theBarrière brand, a prestigious icon in the hospitality industry to New York, creating a level of hospitality the Tribeca neighborhood has yet to see,” said Joshua Caspi, Principal, Caspi Development. “We found a natural synergy withgroupe Barrière, sharing family-owned principles and generations-long industry expertise. We look forward to creating a space that marries traditional French elegance with the casualresidential vibes of Tribeca.”“We are particularly proud of this first Barrière address in the United States as the Hotel Barrière Fouquet’s New York is a collective project supported by the entire Group. Fouquet’s is a mythical place in Paris on the Champs Elysées, but it is also an iconic brand that our Group, with 110 years of expertise in luxury hotels and restaurants, is successfully exporting internationally. Whether at the Louvre Abu Dhabi or today in New York, the brand of Fouquet’s contributes tothe radiancy of France and the Frenchart de vivreabroad. This is one of the reasons why Barrière will continue to strengthen its international development,” mentions Dominique Desseigne, Chairman of groupe Barrière.Hôtel Barrière Fouquet’s New York will debut in 2022. For more information, please visithttps://www.hotelsbarriere.com/en.htmlorhttps://caspidevelopment.com/.