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.
Hilton Grand Vacations Opens Fifth Manhattan Timeshare Property
Hilton Grand Vacations opened its fifth Manhattan timeshare property, The Central at 5th by Hilton Club. The ground-up 33-story building is located on East 48th Street between Fifth Avenue and Madison Avenue.
The launch of the 161-unit occurs a few weeks after HGV announced the debut of The Quin by Hilton Club on West 57th Street as a timeshare property following its year-long, $50-million renovation.
“Hilton Grand Vacations continues to raise the bar in urban timeshare, and opening The Central at 5th, which is our second property to launch in the city this summer, underscores our commitment to expand our footprint in New York City,” said Mark Wang, president and CEO of Hilton Grand Vacations. “The Central at 5th has been constructed from the ground up to serve as an ideal base for our owners and guests to experience the best of Manhattan.”
- ◦Development