U.K.-based hospitality group The Collective has sold the 125-room Paper Factory Hotel in Long Island City for $36 million, which is $22 million less than it paid for it four years ago. The hospitality ...
The Paper Factory Hotel features 122 guest rooms ranging from affordable shared bunks to luxurious private suites, each designed to give a nod to the building’s past life. Located in Long Island City ...
Once notorious for its derelict factory buildings, Long Island City’s recent resurgence as a cultural destination has been supported by gentrification and economic investments such as the Paper ...
“The Paper Factory Hotel has defined the ultimate New York City boutique hotel experience. In the heart of Long Island City’s urban scene, at the crossroads of the charming Kaufman Art’s District and ...
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