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New York & Tri-State  + Midtown New York  + Hospitality  | 
Remington Hotels has acquired Chesapeake Hospitality for $15.8 million plus an additional consideration of $10.3 million.

The Tempo by Hilton Times Square to Open in TSX Broadway Building  

Hilton is set to open its Tempo by Hilton Times Square property in the TSX Broadway building in New York City. The hotel, featuring 661 rooms across 36 floors, is part of a $2.5 billion mixed-use development at the corner of 47th Street and Seventh Avenue, reported by the New York Business Journal.  

The opening is scheduled for August, and the hotel will offer amenities such as a breakfast and lunch spot called Café, a restaurant, a Highball cocktail lounge, and 31 rooms with views of the iconic Times Square ball drop.  

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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