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The New York Post reports that the Met Life Clock Tower building (5 Madison Avenue) off of Madison Square Park will open as a sophisticated and contemporary Marriott EDITION Hotel in 2015. From what we understand, the Edition line is a partnership between hotelier/designer Ian Schrager and Marriott International. There is currently one Edition Hotel in Istanbul, with new ones coming to Miami,  London, Bangkok, and this location in NYC. The Post reports that the NYC hotel will feature 355 rooms, a spa, and a restaurant.

The building was owned by Africa Israel and was the subject of several proposed plans in the past, including very large (4,000+ square foot) ultra-high-end condos designed by Donatella Versace, and then revised to be condos about half the size with a new designer involved, and then more recently a deal with a group including Tommy Hilfiger that intended to turn part of it into a hotel.

The Met Life Clock Tower was built in 1909 and was at one time the world’s tallest building.

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