Remodeling Contractors in New York, NY

The Park Central Hotel, located on Seventh Avenue, was recently bought for a whopping $396.2 million. Though the hotel has seen New York, New York remodeling contractors conduct renovations totaling over $33 million in the last eight years, the new owners plan to continue the trend. While the acquisition cost roughly $424,000 per room, there are plans of having New York remodeling pros update the guestrooms and bathrooms, corridors, and the hotel lobby, which could total about $35 million. The 26-story, 882,258-square-foot hotel was built in 1928, and is located across the street from Carnegie Hall, three blocks from Central Park and five blocks from Rockefeller Center and Radio City Music Hall.