What started under IHG’s Kimpton flag is now shifting to Accor, under its MGallery Collection, with the signing of Ink 48, a boutique hotel on Manhattan’s west side overlooking the Hudson River in Manhattan.
The hotel will undergo what a press release called an “extensive renovation and enhancement program.” During the transition period, Ink 48 will continue to operate independently before officially joining MGallery Collection as the brand’s U.S. flagship hotel in 2028, managed by Rebel Hotel Company.
Ink 48 originally opened in 2009 and affiliated under IHG’s Kimpton flag. The hotel went independent after the property was sold in 2019, reportedly to Brookfield Properties for $82.7 million. In 2024, Leyad, a real estate investment firm based in Canada, acquired the Hell’s Kitchen neighborhood hotel for $275,000 per key. The transaction was completed in a 50/50 joint venture with NYC based private equity firm Capstone Equities.
The property features 222 guest rooms, including 17 suites. The hotel’s culinary offering includes Hudson Local, the ground-floor restaurant, and rooftop bar Hudson VU. Additional facilities include approximately 6,000 square feet of meeting and event space across multiple venues, as well as a fitness center.
“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,” said Maud Bailly, CEO of 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,” said 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,” said Henry Zavriyev, president & CEO, Leyad.
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.
Accor said that the signing of Ink 48 reinforces its commitment to expanding its luxury footprint across North America. These include the introduction of Hotel Ă„ndra Seattle – MGallery Collection.
MGallery currently has more than 60 projects currently in development and nine openings planned before the end of 2026, including Kove Hotel & Spa Mykonos – MGallery Collection; Bel HĂ´tel OlĂ©ron Thalasso & Spa – MGallery Collection; V Villas Maldives at Mirihi – MGallery Collection; Nirema Hotel & Spa Samos – MGallery Collection.