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Details On Jay-Z's J Hotel Venture Emerge

Friday, December 28, 2007 1:39 PM | 50 comments
By Tiffany Hamilton

Brooklyn bred rapper/mogul Jay-Z has teamed up with Charlie Blaichman of CB Developers and Abe and Scott Shnay of SK Development group to launch a five-star hotel chain.

 

According to reports, J Hotels, will be a five-star luxury hotel with a flagship location in the heart of New York City's Chelsea District.

 

The $66.4 million dollar property, which was previously owned by RYLB Family Partnership LP, will be developed into a 150,000-square-foot hotel at 510 W. 22nd St. in the Chelsea neighborhood, between 10th and 11th avenues.

 

The property is currently occupied by a five-story warehouse and parking facility leased to Time Warner Cable, which will vacate the building prior to redevelopment.

 

Jay-Z also plans to erect more J Hotels in other cities following the chain’s New York debut.


Comments

 

Posted In Da Cut said:

Dude stay making BIG MOVES.  I love to see African-Americans making our climb towards WEALTH (not to be mistaken for riches). Congrats!  
December 28, 2007 1:51 PM
 

ShaneDawg said:

nice turtle neck
December 28, 2007 1:56 PM
 

Profit101 said:

Man...dude stay paid!!

http://www.myspace.com/ggproduct
December 28, 2007 1:59 PM
 

Eight Mile Road Music News » Details On Jay-Z’s J Hotels Venture Emerge said:

December 28, 2007 2:04 PM
 

TMO said:

Props
December 28, 2007 2:15 PM
 

God MC said:

This dude stay gettin money f*ck him foreal real f*ckin talk, niggas out here workin 9-5's nah mean paying child support and he always doin some other sh*t.  Jay-Z can eat a d*ck, gettin money a** bastard.
December 28, 2007 2:21 PM
 

God MC said:

This dude stay gettin money f*ck him foreal real f*ckin talk, niggas out here workin 9-5's nah mean paying child support and he always doin some other sh*t.  Jay-Z can eat a d*ck, gettin money a** bastard.
December 28, 2007 2:22 PM
 

MJdotNET said:

^^^you're a hater b
December 28, 2007 2:29 PM
 

SPATE Magazine All Day said:

I'm gonna start the new slang for 08.

You gotta make that Jay Z money.
Pass it along....lol

Listen to MadMan's Mixtape Here Free
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SPATE MAGAZINE
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http://www.spatemag.com
http://www.blogtalkradio.com/spatemagazine
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December 28, 2007 2:31 PM
 

paradyme said:

Jay's Gettin It.....Herbs take notes!
December 28, 2007 2:39 PM
 

Ken_P said:

@god mc- why all the hate? ull never get money hatin like that...

jay z a funny dude but u gotta respect him. this year dude sold rocawear, got a shitload of money, and now he opening up a hotel chain? not to mention his Nets partial ownership. as far as the hotel tho, i hope he keeps the price down, but im sure it will be expensive as fuck! i wouldnt take a girl there anyways. i take my hoes to motel 6 and treat them like the sluts they are. i dont even let them take showers after im done with them. i like to bust on they face, and then make them walk to the cornerstore for some henny and a swisher, with the nut still drippin off they face. lol

shot out to boss-up..cant turn a ho into a housewife
December 28, 2007 2:39 PM
 

Mace_windont said:

god mc, you should just go by a $66 milli lot and build a hotel stop the hating.

she said erect
December 28, 2007 2:45 PM
 

Jay Z goings on » Blog Archive » Details On Jay-Z's J Hotels Venture Emerge said:

December 28, 2007 2:46 PM
 

MISS INCREDIBLE said:

"get it boy"

December 28, 2007 2:56 PM
 

Shinigami said:

smh at witless people unable to recognise God Mc's satire.
December 28, 2007 3:04 PM
 

bluethree said:

J Hotels.......shits crazy man. This dude is wayyyy beyond music at this point. It's good to see a brotha gettin' it.
December 28, 2007 3:11 PM
 

TheHollerinMusicExchange said:

Jay doesnt surprise me anymore because we all know he's a hustler and thats what hustler's do..find different outlets to make money. Jay rap because he love making music but we as critics are too critical and need to learn how to appreciate a special dude. Jay is a role model. Its not about who is the best rapper truly who cares because thats a meaningless crown. But Jay-Z plain and simple " Add Up " real dudes add up because the numbers dont lie only people do. I cant wait to see what other investments he is going to unveil next year.
December 28, 2007 3:13 PM
 

Grumpy said:

Damn, Dehaven/Klein/Jaz-O must hate reading and hearing about moves like this. And he did tell Klein he 'got him' when he came home, but it ain't work out that way.

And while I'm glad for him, it begs the question:

Will Emory come home to this?

Or will he be put on the shelf like the rest?
December 28, 2007 3:16 PM
 

jaeda said:

@   God MC  

That was too funny. I dont agree with what you said but what you said was to funny!

Ok now back to the story. That is a good move Jay is making. I just wish he would of made a good president at Def Jam. I understand this has nothing to do with the story but im just expressing how i feel. He had good rap artist like Buddens and LL cool J but he didnt do anything with these artist. He let wack rappers like Bleek drop albums. Well, fuck it good luck Jay!
December 28, 2007 3:32 PM
 

MACCAPONE said:



MySpace URL:  

 http://www.myspace.com/treacherousrecords  

KEEP MAKING THAT MONEY MY NIGGA......
December 28, 2007 3:42 PM
 

da bul Reef said:

@Jaeda

U SAID LL COOL J WAS ONE OF HIS GOOD ARTISTS? U REALLY ARE 40YRS OLD NIGGA, AINT NOBODY TRYN 2 HEAR LL U FUCKN PUSSY!!!!
December 28, 2007 3:46 PM
 

J Hotels a Done Deal « CORPORATE TAKEOVER: From The Block To The Boardroom/The Mouthpiece For Hustlers! said:

December 28, 2007 3:50 PM
 

AfricanMAn said:

Lets get this money hova. @ Grumpy: Stop hating, this has nothing to do with those cats, this is personal business.
December 28, 2007 3:59 PM
 

KushedOut said:

i woulda called it roca-inn
December 28, 2007 4:31 PM
 

illseed said:

$87 mil in 07...respect that man. lololol...
December 28, 2007 4:55 PM
 

Daily Recap - 12/28/07 at SNICKA.com said:

December 28, 2007 5:04 PM
 

somethingNEW2 said:

JAY-Z IS A INSPIRATION TO ME NEXT TO RICHARD BRANSON AND LI KA SHING KEEP ON GETTING THAT MONEY. I AM GOING TO START MAKIN MOVES AND GET RICH.
December 28, 2007 5:24 PM
 

dwizzlex10 said:

jay z goin 2 be a billionaire soon......


http://dsblog-dwayne.blogspot.com/
(check out this site)

http://www.clixsense.com/?2302381
(make money while you surf the net)
December 28, 2007 6:01 PM
 

got shoes? said:

Jay be doing the fool. he stay makin moves. the hotel biz is a good look. every rapper is going to try to get them a room. i know he is going to throw one in Vegas and LA.
December 28, 2007 6:05 PM
 

Streetweyez Sayles said:

Jay simply shows all aspiring black rappers that you can be bigger than just a rapper with sound investment strategies and smart business moves while capitalizing on the market exposure and fame gathered through entertainment media. Jay will not be the highest paid Rapper when its all said and done though. He is opening doors for people to come up and be bigger than he is right now.

I remember everyone thought MJ's endorsements were crazy when he first opened that door. Jay is like MJ in the rap game in that regards. Now so-called "legitimate" businessmen and women are taking rappers seriously. Of course every week we will hear about some idiot trying to set us back to being sharecroppers, but got to live with those few idiots I guess.
December 28, 2007 6:24 PM
 

mellimell3 said:

Another lesson on how to triple your worth courtesy of the Jigga! Instead of hating people should be learning.
December 28, 2007 6:52 PM
 

Ken_P said:

"rocawear 80 mil in like 18 months, u could bullshit wit rap if u want, mufucka!" i guess jay was right...anyone know where amil is?
December 28, 2007 6:52 PM
 

dreadedbwoy661 said:

Got my lotto ticket today(from Canada), 28 million dollars is the jackpot and I'm gonna have that tommorrow when my numbers are drawn.
December 28, 2007 6:59 PM
 

Grumpy said:

AfricanMAn

Reading is fundamental...you 'stans' need to calm down and stop rushing to defend your boy at any little mention. How is me 'being glad for him' hating? Your comment about 'personal business' is stupid. This real estate venture ain't personal. It's business, period. He ain't a businessman, he's a business, man...

But his dealings with his former friends IS personal. And as his empire grows, so does the distance between him and certain people. At every level, someone gets cast aside.

So who's next on the cut list?
December 28, 2007 7:42 PM
 

Shaun Cruz said:

It would be good if Jay took the same approach with breaking down the rules of the drug game and started a feew hip-hop business seminars and soundtracks that will show others how to build a portfolio.

I knew how to cook-up and flip a bird after the first two Jigga albums and now i am waiting to hear that same detail in a few public speaking engagements or even a reality show. i say this cause I am really looking at this guy as a success and a positive example of over coming.

What he does to bring others up is really what I am looking at too. No matter how much you hate or love Jay-Z you have to admit that his music has focused alot on drug hustles and moving bricks right? Now for the older more economic minded fans of his like myself, we would like to know what to do with all the hustle money and how to manage it realistically.

Honestly from a business standpoint it may ne a good look for him to have a reality show that is complete centered around his business ventures and him and his handlers explaing some of the steps behind the money.

I would call it the "Behind The Dollar" or Reasonable Blueprints to a Kingdom Come"


hey if 50 did it too it would be just as good! what do you think? would you watch that instead of another season of Real World?

PEACE

Shaun Cruz
WiLD 100 Music/ CRUZ ONE RECORDS
December 28, 2007 8:27 PM
 

RedDeezo said:

God Mc...lol. The bad thing about it is we all applaud jigga, but God Mc took the cake. I know he wasn't trying to hate he was bigging that nigga up in a fucked up way but i understood him...that shit is funny though.. Jay Z is a role model for not just blacks, but for people who never had shit. A Hotel Chain? DAMN B, is all i can say. Jigga dont hurt em
December 28, 2007 8:30 PM
 

AMGDISTRIBUTION said:

The W's about to be replaced by the J.

AMG Pittsburgh
Renaissance
107 6th Street
Pittsburgh, Pennsylvania 15222
732.213.1694

AMG Atlanta
Twelve Residences
361 17th Street
Atlanta GA 30363
201.790.3016

Indie Attitude Major Respect
December 28, 2007 8:51 PM
 

jaeda said:

@da bul Reef

I dont know how many times i have to put you in your place cocksucker. I know its fun to you to stalk men but Im not the one bitchboy. And Im pretty sure its a fact LL cool J could easily fuck your mother just like all the average Joes did in your hometown. You mother probably was one of the bitches throwning her size 40 panties on stage at LL shows. So just like i alawys tell you, watch ya mouth when your talking to a man, ok BItch!
December 28, 2007 9:07 PM
 

Details On Jay-Z's J Hotel Venture Emerge [allhiphop.com] at dropmagazine.com said:

December 28, 2007 9:40 PM
 

hovitos way said:

yo fuck this money making nigga yo.who gave him the right to make 84 mill in one day.plus getting paid an extra 35 mill in stocks by iconix.
this bicth ass nigga bout to make major bank at sony ,opening up clubs in vegas and asia and now the nerve of this dude wanting to open up hotels.
i got two jobs and still cant make ends meet yet this dude stay fucking two industry bicthes ,got video models fighting to claim his baby ,and stacking paper.
yo fuck this nigga jigga and his money making ways .
December 28, 2007 11:59 PM
 

Laws456 said:

@ Ken P

Yo, what u wrote had me dyin my dude. LMAO!!!! That shit was funny as fuck. At the hater at the top, you mad cause you gotta pay child support?? Well rubber up sucka!!! Plus if u had any skills your baby moms wouldn't have done that to you. I gotta baby mom too and she would rather give my son to me before she did that because I'm a real dude and I take care of mine so she ain't have to go that route. Maybe u should get a real job instead of tryin to rap. LOL. Hatin on Jay-Z ain't gonna lower your payments either. LOL.

But Jay said it b4...I'm paper chasin, you paper hatin, Billionaire Hov, I'm on a pace to make it...You see Jay was talkin about you. HAHAHAHA!!! He doing Big Things, I ain't mad. I just hope he remembers the streets he came from and does a little something to help out in addition to his scholarships which is a great thing also.
December 29, 2007 11:08 AM
 

kingston13 said:

N!gga break bread with them cats that pave the way for you, and stop lettin the other man get rich off you!!!!!!!!!!!!!!!!!!!!

Real Niggas Stand Up!!!!
December 29, 2007 11:44 AM
 

v4vendetta said:

J hotels? Kiddin me? That name doesn't conjure up images of luxury and wealth, like say, "The Carter Suites".. Smell me?

In any event, much kudos to him. Get that gwop!


December 29, 2007 12:16 PM
 

TeriofLDN said:

cool.
December 29, 2007 4:26 PM
 

punksjumpup2getbeatdown said:

he still spending them dollars from 88'
December 29, 2007 8:51 PM
 

Hmastadelux said:

You know whats even crazier than Jay-Z opening up hotels??

PATRIOTS BECOMING 16 AND O!!!

16

AND

O!!!!!!!!!

GO PATS!!!!!!!!!!
December 29, 2007 11:52 PM
 

EST said:

At this rate Jay is venturing into 5th & 6th generation income as long as the investments remain sound and he lives within his means. The bitter ones will try to find some reason to tear him down while the wise ones will take notes.
December 30, 2007 12:34 PM
 

Break Into The Music » Blog Archive » 2007: The Rebirth of Hip-Hop said:

March 5, 2008 8:02 PM
 

Deeper Than Rap said:

August 29, 2008 6:25 AM
 

Deeper Than Rap said:

September 17, 2008 3:24 PM
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