West 57th Street by Hilton Club Makes Timeshare History in NYC May 12, 2008
Posted by Bryan Connelly in : ARDA, General, Hilton Grand Vacation, JetShare, New Features, News & Events, Timeshare Rental, Timeshare Resource, Travel, Uncategorized , trackbackA celebration marked the final stages of a long development process for an up-and-coming timeshare project in Manhattan, New York. Hilton Hotel Corporation is beginning an historic endeavor in the hospitality industry. West 57th Street by Hilton Club, located in midtown Manhattan amongst the prestigious neighborhood of Seventh Avenue and the Avenue of the Americas, is the first ground-up, purpose-built, shared ownership property ever developed in New York City.
BuyATimeshare.com has the only way to gain access to a property that has an average price of $58,000 per week or over $100,000 per week in a penthouse, including a membership in the world-renowned Hilton Grand Vacation Club. There are hundreds of HGVC owners selling their points on BuyATimehsare.com for thousands of dollars less than Hilton would. This is advantageous to buyers, who eventually want to stay at West 57th Street by Hilton Club, though do not want to spend brand-new resort prices.
The resort is scheduled to open during the second quarter of 2009. On May 6th 2008 celebrating the now 28-story foundation was a ceremony and the final bucket of concrete hoisted and poured, bringing this unique superstructure one step closer to becoming a reality. The construction and project teams were recognized by Hilton Grand Vacations President Mark Wang and the Chief Operating Officer of Tishman Construction Corporation, Jay Badame.
With a sleek contemporary interior design by Alexandra Champalimaud & Associates, West 57th Street by Hilton Club is to be a tremendous tower designed by the Architects HLW International and built by Tishman. The distinct setting in NYC is complemented by world-class amenities. 161 luxurious studio, one-bedroom, and penthouse suites were designed with serenity and space in mind. Adorned with stunning floor-to-ceiling windows, high-end furnishings, and the fine quality has been put into every facet of the resort.
In an edition of Grand Times last year, Hilton Grand Vacation Club stated that future HGVC developments built with special amenities, location, or size would have a higher points structure. Grand Waikikiian and King’s Land villas has an extraordinary pool complex and owner’s lounge, and West 57th has an esteemed location, thus mitigating the heightened points cost of these resorts. One way to limit demand is price. Many Hilton Club members agree that special properties deserve better amenities and the cost should be higher. This higher points structure is needed to limit the number of people who would buy a cheaper resort to trade into West 57th Street.
Hilton Club in the New York Hilton on 53rd and 6th Avenue will still have two floors of timeshare and both 53rd and West 57th Street are within walking distance to Central Park, Carnegie Hall, Lincoln Center, Museum of Modern Art, Radio City Music Hall, and the refined shopping along Fifth Avenue.
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