W Hotels Worldwide, the hotel category buster and industry innovator, today announced the unveiling of W New York Downtown and The Residences at W New York Downtown, bringing a surge of energy to lower Manhattan.  Located in New York City s historic Financial District on the corner of Washington and Albany Streets, W New York Downtown features 58 floors of modern design and stylish amenities in Manhattan s fastest growing residential destination.  Developed by The Moinian Group, W New York Downtown is W Hotels first residential development in Manhattan, offering a world-class contemporary lifestyle experience for guests and residents alike. 

W Hotels was born in New York City more than 10 years ago with the opening of W New York on Lexington Avenue and 49th Street.  After aggressive international expansion, W continues to transform from an American phenomenon into a global powerhouse, opening new hotels and retreats in vibrant destinations around the world from Hong Kong to Seoul, South Beach to Hollywood, Santiago to Mexico City, Barcelona to Istanbul, Vieques Island to the Maldives and beyond. 

The opening of W New York Downtown, which expands our hometown footprint, marks a milestone for the W brand, said Eva Ziegler, Global Brand Leader, W Hotels Worldwide and Le Méridien.  Built from the ground up, our latest hotel will bring innovative design, modern style, and a pulse of new energy to this historic neighborhood.

The opening of this hotel and residential tower is the culmination of a five year labor of love, says Joe Moinian of The Moinian Group. From the time we purchased the property in 2005 to the selection of the building s designers and W Hotels as a brand partner, our goal was always to deliver a world-class destination location that would help re-shape life and lifestyle in Lower Manhattan. When people discuss a turning point in the dynamics of the FiDi residential and hospitality market, this project will be recognized as that turning point.