12/12/07 - Jay-Z Planning New J Hotels Venture

J-Banks · 12-12-2007, 10:38 AM

Jay-Z Planning New J Hotels Venture
Published Wednesday, December 12, 2007 8:20 AM

Mogul Jay-Z has invested in a real estate development venture named J Hotels, that recently purchased a $66 million dollar mid-block parcel in Manhattan.

The New York Post reports that Jay-Z and developers Abram Shnay, his son Scott and Charles Blaichman are planning on building an art gallery or a high-end hotel, that could be as high as 12 stories.

The Shnay’s and Blaichman are developers and investors in The Urban Glass House, a 12-story glass-and-steel structure offering with 40 apartments in Manhattan’s trendy SoHo district.

According to Scott Shnay, the hotel or art gallery will be located on the site, which runs from West 21st - 22nd streets.

"It's a great piece of property adjacent to the High Line in a great neighborhood," Scott Shnay told The New York Post.

In related news, Jay-Z will open another 40/40 club in Las Vegas on December 30.

The new, $20 million dollar, 24,000 square foot location is located in The Palazzo, a 53-story extension of The Venetian and Sands Expo complex on the Las Vegas strip.

"We represent what the entertainment capital of the world is all about, it’s only natural we open here," Jay-Z said of the new 40/40 Club.

The Las Vegas 40/40 Club features 85 Plasma screen TV’s, 5 VIP rooms, 24kt gold and platinum floors and five, 40 foot bi-level bars throughout the club.

The space will also include an additional 3,000 square foot bar and lounge area on the outdoor terrace.

Source-allhiphop

ez4menyou · 12-12-2007, 10:54 AM

damn jay doing it big

M0ney · 12-12-2007, 11:28 AM

propz......

bryanmh · 12-12-2007, 11:50 AM

That's what's up.. Go J..

NEWSKULL · 12-12-2007, 11:59 AM

Beanie Sigel And Freeway Flop'd

Central Intalect V.2 · 12-12-2007, 01:07 PM

this nigga wanna run the world lol i aint mad atleast when he really retires he'll have a stack of green taller than the empire state buildin. jay smart like scarface said don't be a 40 year old fool

straightgorrilla · 12-12-2007, 10:41 PM

Damn the kid hov is doin it big. I think him and fif is in competition low key

Plonsje · 12-13-2007, 11:43 AM

this shit is some crazy news. he is a real entrepreneur

Kycrunkest · 12-14-2007, 11:59 PM

propz on that

12-12-2007, 10:38 AM	#1
J-Banks Super Moderator Join Date: Feb 2005 Location: Providence, RI Posts: 21,015 Repped: 5,294 Repped 53,425 Times in 7,839 Posts Blog Entries: 1 Neg Reps: 53 Neg Repped at 93 Times in 86 Posts	12/12/07 - Jay-Z Planning New J Hotels Venture 12/12/07 - Jay-Z Planning New J Hotels Venture Jay-Z Planning New J Hotels Venture Published Wednesday, December 12, 2007 8:20 AM Mogul Jay-Z has invested in a real estate development venture named J Hotels, that recently purchased a $66 million dollar mid-block parcel in Manhattan. The New York Post reports that Jay-Z and developers Abram Shnay, his son Scott and Charles Blaichman are planning on building an art gallery or a high-end hotel, that could be as high as 12 stories. The Shnay’s and Blaichman are developers and investors in The Urban Glass House, a 12-story glass-and-steel structure offering with 40 apartments in Manhattan’s trendy SoHo district. According to Scott Shnay, the hotel or art gallery will be located on the site, which runs from West 21st - 22nd streets. "It's a great piece of property adjacent to the High Line in a great neighborhood," Scott Shnay told The New York Post. In related news, Jay-Z will open another 40/40 club in Las Vegas on December 30. The new, $20 million dollar, 24,000 square foot location is located in The Palazzo, a 53-story extension of The Venetian and Sands Expo complex on the Las Vegas strip. "We represent what the entertainment capital of the world is all about, it’s only natural we open here," Jay-Z said of the new 40/40 Club. The Las Vegas 40/40 Club features 85 Plasma screen TV’s, 5 VIP rooms, 24kt gold and platinum floors and five, 40 foot bi-level bars throughout the club. The space will also include an additional 3,000 square foot bar and lounge area on the outdoor terrace. Source-allhiphop __________________ JBanksblog.com - check it out __________________

12-12-2007, 11:59 AM	#5
NEWSKULL PORN ADDICT Join Date: May 2004 Location: Jacksonville, Florida Posts: 14,621 Repped: 1,718 Repped 2,687 Times in 197 Posts Neg Reps: 0 Neg Repped at 4 Times in 3 Posts	Beanie Sigel And Freeway Flop'd __________________ DAVID BROWN CLOTHING

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

12-12-2007, 10:54 AM	#2
ez4menyou Join Date: Mar 2005 Location: va all day baby Posts: 870 Repped: 165 Repped 27 Times in 11 Posts Neg Reps: 7 Neg Repped at 4 Times in 4 Posts	damn jay doing it big

12-12-2007, 11:28 AM	#3
M0ney Haitian Berry White Join Date: Dec 2007 Location: Next Door Posts: 184 Repped: 67 Repped 80 Times in 4 Posts Neg Reps: 0 Neg Repped at 0 Times in 0 Posts	propz......

12-12-2007, 11:50 AM	#4
bryanmh Join Date: May 2006 Posts: 78 Repped: 10 Repped 0 Times in 0 Posts Neg Reps: 0 Neg Repped at 0 Times in 0 Posts	That's what's up.. Go J..

12-12-2007, 01:07 PM	#6
Central Intalect V.2 Goonsquad General Join Date: Nov 2006 Location: Pensacola,FL,USA Posts: 3,553 Repped: 355 Repped 120 Times in 63 Posts Neg Reps: 11 Neg Repped at 7 Times in 7 Posts	this nigga wanna run the world lol i aint mad atleast when he really retires he'll have a stack of green taller than the empire state buildin. jay smart like scarface said don't be a 40 year old fool

12-12-2007, 10:41 PM	#7
straightgorrilla Join Date: Dec 2007 Location: killa cali Posts: 645 Repped: 52 Repped 178 Times in 106 Posts Neg Reps: 10 Neg Repped at 18 Times in 14 Posts	Damn the kid hov is doin it big. I think him and fif is in competition low key

12-13-2007, 11:43 AM	#8
Plonsje Veteran Join Date: Dec 2007 Location: Netherlands Posts: 2,250 Repped: 2,174 Repped 12 Times in 7 Posts Neg Reps: 4 Neg Repped at 1 Time in 1 Post	this shit is some crazy news. he is a real entrepreneur

12-14-2007, 11:59 PM	#9
Kycrunkest Join Date: Dec 2007 Location: Lexington Posts: 991 Repped: 475 Repped 74 Times in 15 Posts Neg Reps: 0 Neg Repped at 0 Times in 0 Posts	propz on that