Sony Building owners have sights set on adding luxury hotels


Joseph Chetrit’s dreams for the Sony Building at 550 Madison Ave. include more than just hopes to sell a triplex penthouse for a record $150 million.

He’s playing serious footsie with several super-luxury hotel brands with eyes on a portion of the 37-story tower’s commercial space.

Prominent among them is Germany’s Oetker Collection, which may be interested in launching a version of The Bristol, the company’s five-star Paris flagship.

Although Oetker downplays and Chetrit denies any talks going on, multiple sources said interest is serious on both sides.

Read the complete article at the New York Post.