How BD Hotels owns Manhattan's boutique landscape

Bloomberg today writes of how Queens-raised Ira Drukier and Richard Born quit careers in engineering and medicine, went into real estate and today are two of the biggest names in Manhattan hotels.

Today they have 24 properties, including the Bowery and the Ludlow, also control 12 residential and commercial buildings.

“The aesthetic nature of the hotel business evolved slowly—I’d compare it to jeans,” Drukier told Bloomberg. “Over time, they’ve become stylized, catering to a very specific group of people. Hotels are more than just a bed and hot water.”

The pair, which run BD Hotels, has three hotels under construction: two in Manhattan and one in the Williamsburg neighborhood of Brooklyn. Their latest venture is the 184-room Ludlow on New York’s Lower East Side. It also has a stake in the the Greenwich Hotel, co-owned by actor Robert De Niro, who told Bloomberg that he worked closely with Drukier to design “every detail” at the 88-room Greenwich Hotel, helping implement unusual features such as a swimming pool framed with beams from a centuries-old Japanese farmhouse. “We are talking about doing another Greenwich or Greenwich-type hotel in another city,” De Niro said about future collaborations with Drukier and Born. “But it has to be the right city.”

For the full story, click here.

 

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