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Committee clears Union Square Hyatt corporate change with existing stipulations to remain
Summary
Hersha Hospitality’s corporate restructuring of ownership for the Union Square hotel was presented as an indirect ownership change; committee members said operations and MO remain the same and asked for re‑signed stipulations previously agreed to in 2016.
Representatives for the Union Square hotel (Hersha Hospitality / HHLP Union Square Associates) told Community Board 2’s Liquor License Committee the pending corporate ownership change is indirect and will not alter the hotel’s operation or the hotel’s food and beverage operator.
Donald Bernstein said the corporate parent is changing but the management team, food and…
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