Shangri-La Hotels and Resorts plans to open a 206-room hotel in New York City in 2010.
Construction is expected to begin later this year on the project, which will be situated inside a 64-story tower in the Park Avenue corridor of Manhattan.
The hotel will house 206 guest rooms, 66 of which will be hotel/condo units; 17 residential units; an 80-foot swimming pool; a spa; and 5,000 square feet of group gathering space.