Palette Hotels Buys 104-04 Ditmars Blvd in New York

Reported Oct 6, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
Palette Hotels (Richard Lou)
Seller
Synergy Hospitality Management (per city deed)
Price
$72M
Size
353 rooms
Asset class
Hospitality
Transaction
Sale
Sub-market
Queens (incl. LIC, JFK)
Metro
New York (incl. Long Island & NJ)
Reported date
Oct 6, 2026

Summary

Synergy Hospitality Management sold the 353-room DoubleTree by Hilton New York LaGuardia Airport to Palette Hotels, according to a deed filed with the city. Richard Lou's Palette Hotels acquired the property at 104-04 Ditmars Blvd. for $72M, according to Bisnow.

Summarized from the article; the quoted lines below are from the article itself.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Size / Buyer / Seller
    Synergy Hospitality Management sold the 353-room DoubleTree by Hilton New York LaGuardia Airport to Palette Hotels, according to a deed filed with the city on Friday.
  • Deal / Price
    Richard Lou's Palette Hotels acquired the property at 104-04 Ditmars Blvd. for $72M.

Article date: 2026-10-06T16:17:28-04:00

Quick answers

Who bought 104-04 Ditmars Blvd?
Palette Hotels bought 104-04 Ditmars Blvd in Queens, New York, according to Bisnow.
How much did 104-04 Ditmars Blvd sell for?
The reported price is $72M, per Bisnow.
How big is 104-04 Ditmars Blvd?
353 rooms, as listed from the source.
When was this sale reported?
Reported Oct 6, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.