Times Square's Dirtiest Hotel Is Up for Sale

5.28.2014

By Lynn De La Cruz

$180 million is the expected offer in the bidding war for one of America’s dirtiest hotels – Hotel Carter in New York City.

While Hotel Carter’s website proclaims it is “a great budget hotel in New York City,” countless reviews say otherwise.

Hotel Carter is known to have the prime location just off Times Square on West 43rd street, but location may be the only perk when it comes to spending the night. The hotel ranked number four on TripAdvisor’s dirtiest hotel in America list in 2011.

Current guest reviews on TripAdvisor reflect the claims of the old survey with 1,029 ratings for “Terrible” and only 155 for “Excellent.” However, some guests will deal with the setbacks for the location and affordable price tag.

There have been a total of 25 bids for the hotel. As the bidding draws to a close, the accommodation is expected to sell for around $180 million with the buyer committing to a “full-gut renovation” costing $100 million to $125 million, said Lawrence Wolfe, who has been handling the sale. 

Wolfe told NBC News that the hotel “was under-managed and neglected.”

Hotel Carter first opened in 1930 as Hotel Dixie to celebrate the Old South, and hosted big bands at its lounge while serving “delightful cocktails." Tran Dinh Truong, a Vietnamese business man, bought the hotel in 1977 and owned it until his death in 2012.

Hotel Carter is located at 250 West 43rd Street, New York City, NY.

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