21 Club - Expansion Plans

Expansion Plans

It is owned by Orient-Express Hotels Ltd. In November 2007, the company announced acquisition and plans to raze the Donnell Library branch directly north of the 21 Club on 53rd Street (Manhattan) and build a $220 million 11-story, 150-room hotel that would be connected to the 21 Club and would be the flagship for a new "21" brand of hotels. These plans were put on hold and shelved in March 2009; Orient-Express saying it "wanted to revisit the $59 million agreement because of the global financial crisis and a shortage of credit for construction and real estate development."

Read more about this topic:  21 Club

Famous quotes containing the words expansion and/or plans:

    We are caught up Mr. Perry on a great wave whether we will or no, a great wave of expansion and progress. All these mechanical inventions—telephones, electricity, steel bridges, horseless vehicles—they are all leading somewhere. It’s up to us to be on the inside in the forefront of progress.
    John Dos Passos (1896–1970)

    When I heard at the close of the day how my name had been receiv’d
    with plaudits in the capitol, still it was not a happy night for me
    that follow’d,
    And else when I carous’d, or when my plans were accomplish’d,
    still I was not happy,
    But the day when I rose at dawn from the bed of perfect health,
    refresh’d, singing, inhaling the ripe breath of autumn,
    Walt Whitman (1819–1892)