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Smyth Tribeca Hotel on West Broadway
Republic Investment Company and Capstone Equities have acquired the Smyth Tribeca hotel and appointed Rebel Hotel Company to manage its repositioning.
Republic Investment Company and Capstone Equities have completed the acquisition of the Smyth Tribeca, a 100-room hotel located at 85 West Broadway in New York City’s Tribeca neighborhood. The acquisition includes plans for a strategic repositioning of the property, which Rebel Hotel Company will manage.
The Smyth Tribeca features 88 guestrooms and 12 suites, with amenities such as floor-to-ceiling windows, Carrara marble bathrooms, and private terraces. The hotel also includes two food and beverage venues operated by Mercer Street Hospitality: Smyth Tavern and Galerie Bar.
Since its opening in 2009, the hotel has undergone over $10 million in upgrades from 2018 to 2023. These enhancements include a redesigned lobby by Meyer Davis, updated suites, and a new fitness center. Further improvements are scheduled for 2026 as part of the repositioning strategy.
The acquisition of Smyth Tribeca is the seventh hotel in New York City for Republic and Capstone, joining properties like The Renwick and Ink48. The new ownership aims to leverage its experience in the hospitality sector to enhance the hotel’s offerings.
The hotel offers nearly 7,000 square feet of event space, including a penthouse suite and the Red Room, suitable for corporate events and private gatherings. Located in a central area, the hotel provides access to dining, shopping, and cultural attractions, along with proximity to 17 subway lines and landmarks such as Brookfield Place and the 9/11 Memorial.
Rebel Hotel Company will oversee the repositioning, focusing on design enhancements and guest services to align with current luxury travel trends. The process will be gradual, maintaining the hotel’s connection to its Tribeca location while updating its offerings.
