A Defining Moment for MGallery Collection: Brand Signs Ink 48 as Its U.S. Flagship Hotel in New York

MGallery Collection, a portfolio of boutique spirited hotels with distinctive stories and character from Accor, announces its arrival in New York City with the signing of Ink 48, a landmark hotel overlooking the Hudson River in Manhattan. The announcement marks a major milestone for MGallery and underscores Accor’s strategic commitment to grow its leading hospitality brands throughout key gateway locations in North America. Following the signing, the hotel will embark on an extensive renovation and enhancement program designed to elevate the guest experience while preserving the property’s distinctive character. During this transition period, Ink 48 will continue to operate independently before officially joining MGallery Collection as the brand’s U.S. flagship hotel in 2028 and managed by Rebel Hotel Company.

Located in Hell’s Kitchen on Manhattan’s West Side, just steps from the Hudson River and within easy reach of Times Square, Hudson Yards and Broadway, Ink 48 is a landmark lifestyle hotel known for its expansive views over the New York skyline and waterfront. The property features 222 guestrooms, including 17 suites, a rooftop bar, restaurant and meeting facilities, making it one of the most prominent MGallery addresses in North America.

’’New York City is one of the world’s most influential travel destinations, and welcoming Ink 48 into the MGallery Collection represents a significant step forward for our brand in North America. The hotel already enjoys a strong identity and a prime location, and through MGallery’s focus on storytelling, design and memorable guest experiences, we will further enhance its character while introducing our distinctive hospitality vision to guests visiting the city from around the world. As our preeminent flagship MGallery in the United States, Ink 48 will play an important role in increasing brand awareness and supporting our continued expansion across the region.’’

— Maud Bailly, CEO Sofitel Legend, Sofitel, MGallery & Emblems

“We are delighted to partner with Accor to bring Ink48 into the MGallery Collection. Ink48 has always stood apart in Manhattan’s hotel landscape, a property with a genuine sense of place and a loyal following. MGallery is the ideal brand to build on that: a collection defined by individuality rather than uniformity, allowing us to elevate the guest experience and the hotel’s positioning while preserving what our guests value most about it.”

— Andres Ramirez, Head of Asset Management, Capstone Equities

“We take a long view on the assets we own, and Ink48 has always had the fundamentals to justify it. Aligning the hotel with a collection like MGallery is a natural progression and having Capstone and Accor as partners give us confidence in how it will be executed. This is a milestone we’ve been working toward for some time.”

— Henry Zavriyev, President & CEO, Leyad

Capstone Equities is a New York-based real estate private equity investment vehicle formed to make strategic, value-add investments in both hospitality and commercial real estate opportunities across major global metropolitan areas. The partnership reflects a shared ambition to create a distinctive hotel experience that celebrates the energy, creativity and cultural richness of New York City while introducing guests to the signature universe of MGallery Collection.

A distinctive Manhattan address inspired by New York’s creative spirit

Originally conceived as a contemporary urban retreat, Ink 48 offers guests a unique perspective on New York City, blending industrial-inspired design with panoramic views of the Hudson River and Manhattan skyline. Through its affiliation with MGallery Collection and supported by Rebel’s lifestyle and luxury team, the hotel will further embrace the brand’s philosophy of creating hotels with character, rooted in the culture and spirit of their destination.

The property features 222 guestrooms and suites, including a signature penthouse suite, with accommodations designed to provide a sense of space rarely found in Manhattan. Guests will enjoy an elevated urban experience complemented by curated design, personalized service and meaningful connections to the destination.

The hotel’s culinary offering includes Hudson Local, the ground-floor restaurant, and Hudson VU, its iconic rooftop bar overlooking the city skyline. Additional facilities include approximately 6,000 square feet of meeting and event space across multiple venues, as well as a fitness center.

A thoughtful transformation towards a new chapter

Following the signing, the hotel will undergo a renovation designed to introduce MGallery’s signature brand touchpoints, elevated design elements and immersive guest experiences. During this period, the property will continue operating as an independent hotel, ensuring continuity for guests while the transformation progresses. Once completed, the hotel will reopen in 2028 under the MGallery Collection banner, ushering in a new era for this iconic Manhattan address.

A strategic milestone for MGallery in the United States

The signing of Ink 48 reinforces Accor’s commitment to expanding its luxury footprint across North America. With the successful introduction of Hotel Ändra Seattle - MGallery Collection, and the United States ranking among MGallery’s top five feeder markets globally, the country represents a strategic growth opportunity for the brand. As one of the world’s most dynamic hospitality markets, New York provides an ideal stage to showcase the unique positioning of MGallery Collection to both domestic and international travelers alike.

Driven by growing demand for distinctive luxury experiences and hotels with a strong sense of place, MGallery has experienced significant global momentum in recent years with more than 60 projects currently in development and 9 openings planned before end of 2026 such as Kove Hotel & Spa Mykonos - MGallery Collection ; Bel Hôtel Oléron Thalasso & Spa - MGallery Collection ; V Villas Maldives at Mirihi - MGallery Collection ; Nirema Hotel & Spa Samos - MGallery Collection.

Powered by the strong Accor distribution and sales platform associated with the Group’s ALL Accor booking platform and loyalty program, the MGallery brand now brings together more than 125 storied hotels around the world. MGallery Collection continues to expand in key gateway destinations across Europe, the Middle East, Asia-Pacific and the Americas with recent signings including Mykonos, Maldives and Dubaï.

The United States represents a major development priority for MGallery, with strong potential for growth in urban destinations and leisure markets where travelers increasingly seek authentic, design-led experiences. As the future flagship MGallery property in the United States, Ink 48 will serve as a powerful ambassador for the brand, increasing awareness among American travelers and supporting the acceleration of MGallery’s expansion across the region.

With its iconic Manhattan location, distinctive character and panoramic views overlooking the Hudson River, Ink 48 New York City – MGallery Collection embodies the qualities that define the collection: individuality, storytelling and a deep connection to destination. Its arrival marks an important milestone in MGallery’s North American journey and further strengthens Accor’s luxury portfolio in the region.

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About Capstone Equities

Capstone Equities is a privately held real estate private equity investment vehicle formed to make strategic, value-add investments in real estate opportunities across major global metropolitan areas. Capstone has acquired over $2.0 billion of commercial real estate and over $500 million of loans over the last decade. Capstone invests in real estate across all levels of the capital structure with experience in the United States and Europe and serves as a strategic partner in several operating real estate businesses.

About Leyad

Leyad is a Montreal-based real estate investment and management firm with a portfolio spanning residential, commercial, and industrial properties. For over a decade, the firm has focused on transforming assets and creating value across the Canadian market, with an approach built on long-term growth, sustainable investment, and identifying opportunity where other see challenge.

About Rebel Hotel Company

Rebel Hotel Company offers a progressive new paradigm for hotel management. Rebel Hotel Company blends modern technologies with management excellence to create a one-stop, full-service hospitality management ecosystem spanning operations, revenue management, procurement, human resources, marketing, distribution, and investment and development partnerships. Its unrivaled technology, expertise, and transparent fee structure position Rebel Hotel Company as an emerging leader and premier partner for independent hotel owners seeking innovative, performance-driven management solutions.

About MGallery Collection

MGallery Hotel Collection brand thoughtfully selects and curates unique properties around the world, forming a storied collection of boutique hotels with true soul where captivating stories are lived and shared. These more than 125 boutique hotels all around the world enjoy a unique history, inspired by the remarkable past of the building or by its destination that welcomes it allowing the guests to live memorable and meaningful moments.

The MGallery Collection establishments are hotels in which guests live an immersive experience, marked by exceptional interiors, an art of mixology that awakens all the senses, and a well-being focused on balance in everyday life and mindfulness. It is a brand committed to women but also to local communities, promoting the know-how of surrounding artisans and producers.

MGallery Collection customers leave with an unconditional desire to discover the other jewels of the brand to live a new unique experience. The most renowned hotels in this collection include the Hotel Molitor Paris in France, the Municipal Liverpool in the UK, the Santa Teresa Hotel in Rio de Janeiro in Brazil, The Brighton Hotel in Sydney in Australia, Athens Capital in Greece or Hotel des Arts Saigon in Vietnam. MGallery Collection is part of Accor, a world leading hospitality group counting over 5,800 properties throughout more than 110 countries, and a participating brand in ALL Accor, a booking platform and loyalty program providing access to a wide variety of rewards, services and experiences.

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