Strategic Hotels will rebrand NYC’s Essex House as a JW Marriott

Strategic Hotels & Resorts has announced its acquisition of the historic Jumeirah Essex House hotel in New York for $362.3 million and plans to rebrand the property as a JW Marriott hotel. The 509-room hotel will undergo an $18.3 million renovation after the deal closes September 7 and will be renamed the JW Marriott Essex House New York. Read the Bloomberg story here.