New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Hospitality  | 

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 the property will serve as a beacon of hope to the future of the city,” said Joshua Caspi, principal of Caspi Development.

The topping out was marked by a socially distant event hosted by Caspi Development and Groupe Barrière to express gratitude for the project team including AECOM Tishman, construction manager; Stephen B. Jacobs Group, architect; Martin Brudnizki Design Studio, interior design; Cameron Engineering; and Lehrer Cumming, owner advisor.
Also recognized for their contributions to the development were Hana Financial Investment, DPW Holdings, APW, Ponte Equities, and Barone Management.


Inside The Story

Connect With Caspi Development

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Step 1: Select Education
  • ◦Development