JV opens Autograph Collection hotel in New Jersey

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.

“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.