JV opens Autograph Collection hotel in New Jersey

The MC Hotel, Autograph Collection features a restaurant, a lobby bar, an upcoming rooftop bar, 8,000 square feet of meeting and event space and a fitness center. Photo Credit: Neil Grabowsky / Through The Lens Studios

A joint venture between The Hampshire Cos., The Pinnacle Cos. and Circle Squared Alternative Investments opened The MC Hotel, Autograph Collection in Montclair, N.J. The 159-room hotel marks the first East Coast hotel for the operator Aparium Hotel Group.

The hotel’s food-and-beverage program consists of the New American restaurant Allegory, a 40-seat lobby bar and, opening in September, a 106-seat, 3,600-square-foot rooftop bar and lounge called Alto. Its more than 8,000 square feet of conference, meeting and event space includes the entire second floor, as well as a ninth-floor, 800-square-foot suite with views of the Manhattan skyline.

Aparium’s “signature translocal approach” will bring a calendar of events intended to tap into Montclair’s creative community. This lineup will include wine tastings, chocolatier experiences and art tours through the hotel.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

“At Aparium, we are always seeking out destinations to expand into that are reflections of home-grown, hometown pride, where there is creativity, opportunity and craftsmanship,” Mario Tricoci, co-founder of Aparium, said in a statement. “It has been exciting to bring our brand to life with and within the Montclair community.”

The MC Hotel is located 45 minutes outside of New York City. Guests can drive five minutes to the Walnut and Bay Street New Jersey Transit stations and reach Manhattan in just over 30 minutes. In Montclair, the hotel is one block away from the Montclair Art Museum, a short walk from town’s dining, shopping and entertainment scene and near the historic Wellmont Theater, a 2,700-person venue which opened in 1922.

Aparium operates 10 hotel properties across the United States, with another six to open in 2020 and more in development. The Hampshire Cos. is a private real estate firm based in Morristown, N.J. The Pinnacle Cos. is a privately held regional real estate development firm focused on residential, commercial and retail properties. Circle Squared Alternative Investments is an investment adviser that has been involved with more than $800 million in real estate developments and transactions since its founding in 2014.

Suggested Articles

Should all new hotels open as scheduled in the next two years, Europe's current count of 2,885,630 guestrooms will grow 7 percent.

The Meliá Varadero Internacional Hotel's first rooms opened in February, and new services and facilities have soft-opened since then.

A new report shows an uptick in the value of mixed-use property deals in H1.