New York & Tri-State + Downtown New York + Hospitality | March 6, 2023

Historic Greenwich Village Hotel Hits the Sales Market

One of New York City’s oldest hotels has been put up for sale. Built in 1841, the Incentra Village House was one of the first hotels in the city of New York and is still in demand today as the only remaining guest house in the center of the Greenwich Village Historic District.

“It truly feels like a private home, not like a hotel,” said Thomas Guss from NYR.com, the brokerage that got the listing when the current owners recently decided to part with it.

Small hotels in the center of Manhattan are extremely rare and almost never offered for sale. However, a sudden interest from private membership clubs looking for an outpost in a trendy part of the city and sharply increased demand for legal Airbnb space have created multiple offers for the property, so the owners finally decided to enter into discussions regarding a sale, according to NYR.com.

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Inside The Story

NYR's Guss

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 GlobeSt.com 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).

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