130 Cedar Street is home to a terrace overlooking the WTC site

Seven years since developer Masterworks took ownership, the building at 130 Cedar Street officially opened on June 9th as the new World Center Hotel. The former 12-story commercial/industrial tower was converted to a hotel following an extensive abatement process and the addition of eight more stories. Located at the corner of Washington and Albany Streets, it is now home to the public World Center Hotel, with a block of floors operating as the members-focused Club Quarters chain.

The new hotel is home to 169 guest rooms, amenities, corporate apartments, and the View of the World Terrace Club -- a membership and guest restaurant and bar overlooking the World Trade Center site. Developers expect the building to earn LEED Gold certification for its environmental features and materials. Mayor Michael Bloomberg proclaimed June 9th World Center Hotel Day in New York.

The opening was attended by several local and community leaders, including LMCCC Executive Director Robert Harvey, NYC and Company CEO George Fertitta, Downtown Alliance President Elizabeth Berger, and National 9/11 Memorial President and CEO Joseph Daniels. Daniels noted that the landscape of the WTC site below will reach a major milestone late this summer with the planting of its first trees -- marking a distinct change in the sites appearance for guests looking out from the new hotel.