Real Estate
Largest hotel in outer
borough coming to LIC
BY ANGELA MATUA
AMATUA@QNS.COM
A 1,260-room hotel slated for con-struction
in Long Island City will be the
largest hotel built in the outer boroughs.
The Toyoko Inn at 24-09 Jackson
Ave. will stretch 50 stories and when
completed, will be the ninth largest hotel
in the city, according to The Real Deal.
The hotel will be located right next to
the Citi building and across the street
from the Court Square stop on the 7 line.
The Japanese developers filed plans
to construct the hotel last year and
purchased the property in 2007 for
$18 million. Toyoko Inn, a chain of ho-tels
founded in Japan in 1986, first
announced plans to build a 680-room
hotel in Long Island City in 2010.
An analysis by The Real Deal found
that the Toyoko Inn will be the only hotel
featured in the top 10 by room count not
located in Manhattan. Its analysis also
found that most of the top 20 hotels
in the outer boroughs are located in
Queens; the biggest hotel is LaGuardia
Airport Marriott in East Elmhurst with
450 rooms.
The chain, which has locations in
Japan and South Korea, is known
to charge reasonable prices for its
rooms, from 4480 to 7980 yen or
$35 to $70 per night. The chain has
expanded to Cambodia, Philippines
and Germany. The Long Island City
location will be its first in the United
States, and a location in France is
slated for a 2018 opening.
President Maiko Kuroda took over the
company from her father in 2008 and
has hired women almost exclusively to
run the company’s more than 260 hotels
around the world. According to the Ja-pan
Times, 97 percent of the company’s
hotels are managed by women.
It’s not clear when the Long Island
City location is scheduled to open.
An analysis by
The Real Deal
found that the
Toyoko Inn will
be the only hotel
featured in the
top 10 by room
count not located
in Manhattan.
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