A new building ‘New York Residence’ designed by the Iosa Ghini Associates is under construction and will be ready in June 2009, adjacent to New York Palace Hotel in Budapest. The project includes three main parts: (1) the expansion of the New York Palace Boscolo Luxury Hotel including sixty new rooms and a floor of dedicated office space; (2) a conference centre that will be connected to the business areas of the New Palace Hotel; (3) a 500 seat Auditorium with adjacent business and leisure areas, all designed by Milan-based Iosa Ghini Associati.
The ground floor will have a large Commercial Gallery and business centre, with five entrances that will connect the hotel to the boulevard Erzsébet korut to Rackozi Ut, where there will be the new building, drawing and enveloping visitors with artistic lines. Lastly, the project will also comprise 140 condominiums including penthouses with large balconies.The apartments are designed with flair and particular attention to material and details.The residential apartments are of two types: simplex and duplex.Simplex condos, from the first to the fifth floor, are with areas of 30 Sqm to 90 Sqm. Duplex condos will be on the sixth and seventh floor, with areas of 70 to 100 Sqm. All duplexes have large balconies.The design of the apartments are characterized by the fluidity of the lines of the gibs layers.
