The seven-story hotel will feature a restaurant and two bars at 33 Peck Slip.
James got $4,000 from developers, then wrote them a letter of support to the city.
The Umbrella Hotel is scheduled to open in late October, with other developments following.
Hotel Hugo will feature Italian furnishings and a rooftop bar with views of the Hudson River.
The Aloft New York Midtown Hotel is set to open in October 2016, the developer announced.
Hotel Americano's pre-Thanksgiving party aims to help revelers cope with the season.
Globiwest Hospitality plans to build a six-story 'boutique' hotel on Third Avenue and Sixth Street.
The backers of Gowanus Inn & Yard have filed plans with the city to start work on their project.
The Morgan Restaurant's owner is building a five-story hotel on Bogart Street.
The city has 7,000 new hotel rooms in the pipeline. But will enough visitors come to keep them full?
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