The Beekman, a Thompson Hotel

What The Beekman, a Thompson Hotel does

The Beekman, a Thompson Hotel is a luxury boutique hotel located at 123 Nassau Street in Lower Manhattan, New York. Operated under the Thompson Hotels brand (owned by Hyatt Hotels Corporation) and developed by GFI Development Company, the property is housed in the 1883 Temple Court building and is defined by a nine-story Victorian atrium with a pyramidal skylight designated as a landmark interior. The hotel offers 287 keys comprising standard rooms, 38 suites (Studio Suite through 1,100 sq ft Thompson Suite), and two signature 1,200 sq ft duplex turret penthouses with private rooftop terraces. Interior design by Martin Brudnizki and Thomas Juul-Hansen, along with an art collection curated by Katherine Gass, supports a heritage-positioned luxury aesthetic.

The property monetizes through a multi-vertical hospitality business model: nightly room revenue (rates ranging from $285 for entry-level rooms to $1,100+ for top suites), four F&B outlets anchored by James Beard Award-winning chef Tom Colicchio's Crafted Hospitality (The Bar Room, Temple Court, Laissez Faire) and Michelin-starred chef Daniel Boulud's Le Gratin, a destination fee ($45.89 daily) bundling wellness and partner amenities, weddings and private events for up to 90 guests, 21,000 sq ft of filming and junket space, and in-room mini-bar spend. Distribution is primarily direct (hotel website, phone, email) plus the World of Hyatt loyalty/reservation platform.

The Beekman serves luxury leisure travelers, wedding couples and event planners, food and beverage patrons (including local residents), film and media production clients, and corporate groups. It is recognized with the MICHELIN Guide One Key distinction, six Travel + Leisure World's Best Hotels inclusions, and a Condé Nast Traveler Readers' Choice nomination in 2024.

Name

The Beekman, a Thompson Hotel

Legal name

5 BEEKMAN PROPERTY OWNER LLC

Website

https://thebeekman.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

The Beekman is a 287-key luxury boutique hotel in Lower Manhattan, operated under Thompson Hotels (Hyatt) within an 1883 landmark building, serving affluent leisure travelers, wedding clients, and event/film clients through chef-driven F&B, suite and penthouse accommodations, and dedicated event space.

Ownership category

akta.pro rank

Product category

Luxury Boutique Hotels

NAICS

Hotels (except Casino Hotels) and Motels (72111), Traveler Accommodation (7211)

SIC

Hotels & Motels (7011), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Urban & Downtown Full-Service Hotels (THAGAAAA)

akta.pro secondary industries

Heritage & Palace Luxury Hotels (THAGACAF), Hotel & Resort Restaurants (THAFACAH), Special Occasion & Destination Restaurants (THAFACAK)

Keywords

• Luxury boutique hotel
• Historic landmark accommodation
• Fine dining restaurants
• Wedding event venue
• Filming photoshoot location

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D

Revenue model

1. Guest Room and Suite Accommodations: The hotel generates primary revenue from 287 guest rooms including 7 room types, 5 suite categories, and 2 penthouse options. Room rates vary by room type with standard rooms from $285-$400, suites from $600-$1100+, and penthouses at premium rates. The hotel offers direct booking through its website and Hyatt platforms.
2. Food and Beverage Outlets: Multiple dining venues including The Bar Room (signature restaurant by Tom Colicchio), Temple Court (fine dining), Le Gratin (French cuisine by Daniel Boulud), Laissez Faire (cocktail lounge), and in-room dining. Revenue from daily breakfast, lunch, dinner service, weekend brunch, and specialty cocktails.
3. Weddings and Private Events: The hotel hosts wedding ceremonies and receptions for up to 90 guests, rehearsal dinners, engagement parties, bridal showers, and brunches. Includes use of turret penthouses, courtyard spaces, and dedicated wedding specialist services.
4. Filming, Photoshoots and Junkets: 21,000 square feet of private space on the 10th floor, signature duplex penthouse suites with rooftop terraces, technical capabilities including power supply and sound dampening. Industry specialists on property for press junkets, filming, and photoshoots.
5. Mini-bar and Honor Bar: In-room mini-bar with beverages, libations, sustenance items, and novelties. Prices range from $7-$89 with 8.875% NY State and NYC Sales Taxes.
6. Destination Fee: $45.89 daily destination fee covering unlimited local/long distance calls, morning coffee, fitness center access with Peloton bikes, premium WiFi, shoe shining, house car service, priority dining access, museum discounts, and bike rental.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

The Beekman operates as a luxury boutique hotel offering 287 guest accommodations (including 38 suites and two signature turret penthouses) within a historic 1881 landmark building in Lower Manhattan, featuring a nine-story Victorian atrium. The property runs four dining venues—The Bar Room (Tom Colicchio), Temple Court (Tom Colicchio fine dining), Le Gratin (Daniel Boulud French), and Laissez Faire cocktail lounge—and hosts weddings, private events, meetings, and filming/photoshoots across 21,000 square feet of dedicated event space.

Product overview

The Beekman, a Thompson Hotel is a luxury boutique hotel offering a comprehensive hospitality experience centered around its historic 1881 landmark building with a dramatic nine-story Victorian atrium. The property features 287 guest rooms (including 38 suites and 2 signature penthouses), four distinct dining venues (The Bar Room, Temple Court, Le Gratin, and Laissez Faire nightclub), comprehensive event spaces for meetings/weddings/filming, and premium amenities including in-room spa services, valet parking, and house car service. The hotel integrates with wellness platforms (Peloton, CorePower Yoga), reservation systems (RESY), and streaming technology (Chromecast, 3D virtual tours via VisitingMedia) to enhance the guest experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Guest Rooms 287 elegantly appointed guest rooms featuring jewel-toned accents, aged oak hardwood floors, DS & Durga bath amenities, Sferra linens, and craft cocktail tables. Categories include Superior Queen, Superior King, Deluxe King, Double Queen, Premium King, and Premium Queen/King with Terrace. Sized from 280–400 sq ft.
• Suites 38 suites including Studio Suite (475 sq ft), One Bedroom Suite, One Bedroom Corner Suite (600 sq ft), Deluxe Corner Suite (900 sq ft), and Thompson Suite (1,100 sq ft). Feature custom artwork, high ceilings, Carrara marble bathrooms, and bespoke furnishings.
• Turret Penthouses (East & West) Two signature duplex penthouses (East and West) with private rooftop terraces, lofted master bedrooms in 40-foot tall towers, and downtown Manhattan views. Each spans 1,200 sq ft with exclusive entrance and the most exclusive penthouse experience at the property.
• The Bar Room Main restaurant and bar located beneath the nine-story Victorian atrium, offering Tom Colicchio's culinary creations, handcrafted cocktails, and weekend jazz brunch. Referred to as 'New York's Living Room.'
• Temple Court Fine dining restaurant by James Beard Award-winning chef Tom Colicchio, featuring classic flavor profiles reimagined under Executive Chef Travis Sowards. Surrounded by stained-glass windows with historic charm.
• Le Gratin French restaurant led by Michelin-starred Chef Daniel Boulud, offering Provençal-inspired dishes in an elegant setting with an extensive wine list and seasonal menu.
• Laissez Faire Contemporary hotel cocktail lounge located on the cellar level. Features world-class DJs, jazz nights on Wednesdays, and culinary offerings by Tom Colicchio.
• Weddings & Private Events Wedding venue offering ceremony and reception space for up to 90 guests, plus engagement parties, showers, rehearsal dinners, and brunches. Features turret penthouses with private rooftop terraces, menus by Tom Colicchio, and dedicated wedding specialists.
• Filming, Photoshoots & Junkets Venue 21,000 square feet of private event space on the 10th floor for press junkets, filming, and photoshoots. Features technical capabilities including ample power supply and sound dampening materials, plus private elevator and separate entrance for talent.
• Weekend Getaway Package Package including complimentary late checkout at 2PM, $50 Food & Beverage Credit, complimentary CorePower Yoga sessions with yoga mats, and personalized visit to Hall des Lumieres.
• Bed & Breakfast Package Daily American breakfast in The Bar Room for all registered guests, featuring culinary creations from Award-Winning Chef Tom Colicchio. Includes daily continental breakfast for up to two guests.

Quantifiable outcome

• Wedding ceremonies and receptions for up to 90 guests with dedicated wedding specialist
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered primary, secondary and minor.

• Thompson Hotels / HyattprimaryStrategic or Co-development Partner · 1 January 2016The Beekman is operated as part of the Thompson Hotels luxury boutique hotel brand, which is part of the Hyatt portfolio. Thompson Hotels has transformed conventional hospitality into dynamic cultural moments inspired by surrounding streets since the brand's first hotel opened in downtown NYC over 20 years ago. The partnership provides access to the World of Hyatt loyalty program with over 900 hotels and resorts globally.
• Tom Colicchio / Crafted HospitalityprimaryStrategic or Co-development PartnerJames Beard Award-winning chef Tom Colicchio provides culinary leadership for The Bar Room, Temple Court, and in-room dining. His signature cooking style centers on locally sourced ingredients and classic techniques with modern interpretations. Crafted Hospitality manages all F&B operations including The Bar Room, Temple Court, Laissez Faire, and room service.
• Daniel Boulud / Le GratinprimaryStrategic or Co-development PartnerMichelin-starred Chef Daniel Boulud leads Le Gratin, the French restaurant at The Beekman. Le Gratin brings Southern French cuisine to Lower Manhattan with an extensive wine list and seasonal menu.
• Katherine GasssecondaryStrategic or Co-development PartnerWorld-renowned art collaborator Katherine Gass curated the bespoke vintage art collection throughout The Beekman. Her work creates a turn-of-the-century experience through vintage pieces that accent every room and hallway.
• Martin Brudnizki (Interior Design)secondaryStrategic or Co-development PartnerInterior designer Martin Brudnizki designed The Beekman Hotel's interiors with an eclectic mix of furniture from the 1920s through today, combining original heritage pieces with acquisitions to create a space that feels like it was always a hotel.
• Thomas Juul-Hansen (Interior Design)secondaryStrategic or Co-development PartnerInterior designer Thomas Juul-Hansen designed The Beekman Residences with bespoke refinement, incorporating warm fumed oak flooring, elegant marble bathrooms, patterned stonework, and metal finish surfaces inspired by the historic Temple Court building.
• Gerner Kronick + Valcarcel (Architecture)secondaryStrategic or Co-development PartnerArchitecture firm Gerner Kronick + Valcarcel designed the 51-story new residential tower at The Beekman. Randolph Gerner's bold design creates a modern homage to the historic Temple Court building with exposed concrete columns and dual turret crowns.
• AIRE Ancient BathsminorGTM or Marketing PartnerAIRE Ancient Baths New York, located near The Beekman, offers thermal baths and spa experiences. The hotel offers guests priority access and 10% discount at the spa as part of the destination fee amenities.
• Hall des LumièresminorGTM or Marketing PartnerImmersive digital art center at 49 Chambers Street offering exhibitions including Gustav Klimt: Gold in Motion. The hotel provides guests 10% off ticket purchases as part of destination fee amenities.
• One World Trade ObservatoryminorGTM or Marketing PartnerObservation deck at One World Trade Center offering 360-degree views from over 100 stories. The hotel provides guests up to 25% off tickets and access to exclusive VIP Tours as part of destination fee amenities.

Scale indicators6 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Crosby Street Hotel: Design-led luxury boutique hotel in downtown Manhattan (SoHo) with comparable room count (~86 rooms, smaller), premium ADR, and similar affluent leisure/business traveler mix. Closest like-for-like boutique competitor in Lower Manhattan.
• The NoMad Hotel: Luxury boutique hotel in downtown Manhattan with similar heritage-building positioning, multiple F&B outlets, and developed by the same sponsor (GFI Development). Directly comparable on property type, target guest, and operating model.
• Soho House New York: Members club and hotel hybrid in Lower Manhattan with strong F&B, events, and film/media clientele overlap. Comparable on target segments (creative industries, affluent leisure) and downtown Manhattan positioning.
• The Bowery Hotel: Downtown Manhattan luxury boutique hotel with similar design-led positioning, premium ADR, celebrity/film clientele, and event-driven revenue mix. Direct competitor for luxury leisure and production-driven bookings.
• The Greenwich Hotel: Tribeca luxury boutique hotel operated by Capella/Robert De Niro's group, similar heritage-conversion positioning, intimate room count, and Tribeca/Financial District adjacency. Strongly comparable on luxury leisure and celebrity clientele.
• Ace Hotel New York: Mid-luxury boutique hotel also developed by GFI Development Company (same sponsor as The Beekman), with similarly strong cultural/programming focus and downtown-adjacent positioning. Comparable on developer DNA, design ethos, and F&B-driven model.

Regional players

• Wythe Hotel: Converted-warehouse luxury boutique hotel in Brooklyn with similar heritage-building conversion, F&B focus, and film/media production use cases. Comparable on operating model though different borough — competing for some of the same tourist and production clientele.

Broad incumbents

• The Carlyle, A Rosewood Hotel: Iconic Upper East Side luxury hotel with longer heritage and broader portfolio of services. Less direct on geography but competes for the same high-end leisure, diplomatic, and entertainment clientele as The Beekman.
• The Standard, High Line: Larger lifestyle/boutique hotel in NYC operating under a multi-property brand with broader portfolio reach. Less heritage-driven than Beekman but competes for the same modern luxury leisure and design-conscious traveler.

Emerging players

• 11 Howard: Design-focused boutique hotel in SoHo/NoLita by Ennismore, similar scale, and contemporary-luxury positioning. Comparable on design-led boutique positioning and downtown Manhattan target market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thebeekmanhotel
• Facebookfacebook.com/TheBeekmanNY
• Instagraminstagram.com/thebeekmanny
• LinkedInlinkedin.com/company/the-beekman-a-thompson-hotel

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Beekman, a Thompson Hotel