NYC Hotel Hot Spot NoMad Will Become Outpost of London's Ned [Business News Network (BNN) (Canada)]
Membership Collective Group Inc. Class A (MCG)
Company Research
Source: Business News Network
The NoMad, a 168-room hotel whose ambitious restaurant and bar spaces helped usher in a renaissance for the formerly fading Garment District neighborhood around it in 2012, is set to reopen in summer 2022 as the Ned, a Soho House-operated hotel and members club best known for its gigantic flagship in London. It will mark the second location for the Ned brand, and one of a dozen new projects planned for its parent company, Membership Collective Group Inc., in the year ahead. In March 2021, a year into the pandemic, the NoMad closed suddenly “for renovations,” as a letter to staff put it. Later, the hotel's website was updated with a sorrowful statement declaring “the end of an era.” It wasn't the only trendy hotel to fall victim to the pandemic: The Times Square Edition was another casualty, and there are no signs yet that the currently shuttered Gramercy Park Hotel or its iconic Rose Bar will ever return. The new iteration of the building will likely be far more than a “renovatio
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