5 Allen Street Hotel to Become Howard Johnson?

Posted on: May 27th, 2011 at 6:40 am by

The slow-progressing, oft-delayed sliver hotel at 5 Allen Street now has a proper identity. And a price tag, to boot. Indeed, the incomplete finger building, currently slated for an unlikely late 2011 launch, is already on the market for $19 million. Eastern Consolidated is behind the real estate marketing push. This latest blockbuster news is accompanied by a deluge of detail regarding the new inn.

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As it happens, 5 Allen is actually the younger sibling of the Wyndham Garden Hotel currently in the works just around the corner at Bowery and Hester Street. But it’s not branded as such. According to Citybiz Real Estate, the 15,600 square-foot property is flagged as a Howard Johnson branch, but the buyer can exercise the option to cancel and convert to commercial condos.

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If the HoJo remains a HoJo, it’ll offer 43 keys for prospective guests – 22 double bedrooms and 21 single bedrooms. The distribution is four units per floor, with a pair stacked in the ground-level lobby. There is also a lower level floor which empties into a backyard garden. Below is an initial rendering.

Eastern Consolidated hopes that this Chinatown location will cater to Chinese visitors.

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