Hotel on Rivington Returns from Pandemic Hiatus [Updated]
The Hotel on Rivington is back on the Hell Square scene.
Its return from the pandemic sidelines after more than a year is followed closely by rumors that the original owner-developers – Paul and Rena Stallings – sold the property to a known hotelier.
Indeed, word circulating the block is that Charles Aini and his Refinery Hotel brand are now pulling the strings here at 107 Rivington. However, as of this writing, no transaction is recorded in public record.
Update: Aini confirmed in an email that he is not involved in the hotel.
Nevertheless, the Hotel on Rivington – open since 2005 – has been on the open market for years. Most recently with listings in the $69 million range.
You’ll also recall that Kushner Companies, led by Trump’s son-in-law Jared Kushner, initially entered into contract to acquire the twenty-story glass eyesore for $65 million back in November 2018. Six months later, though, the firm backed out and demanded refund of the $2.2 million deposit due to an alleged breach of the purchase agreement.
If the rumors prove true, Aini and company inherit a troubled relationship with Hell Square neighbors. In years past, the lodge has led the 7th Precinct in overall 311 noise complaints.
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