M Social Hotel New York Downtown
A 55-story, 569-room hotel in Lower Manhattan, adjacent to 195 Broadway and opposite the World Trade Center site.
Last updated August 25, 2026
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Overview
M Social Hotel New York Downtown is a large urban hotel in Lower Manhattan, New York City, at the southeast corner of Fulton Street and Church Street. The property occupies a prominent location beside 195 Broadway and directly across Church Street from the World Trade Center complex. It has 55 stories, 569 guest rooms, and 98 suites, placing it among the major full-service lodging properties in the Financial District and World Trade Center area. The hotel was developed on a block historically associated with AT&T's former headquarters at 195 Broadway. After AT&T left the neighboring headquarters in 1984, the block bounded by Fulton Street, Church Street, Dey Street, and Broadway was sold to New York developer Peter Kalikow for $70 million. Kalikow considered both an office building and a hotel for the site before proceeding with a hotel project. Construction reportedly cost $200 million, and the property opened on June 10, 1992. At opening, the hotel used the deliberately misspelled name “Millenium Hotel,” with one “n.” The spelling was intended to make the name distinctive in signage and printed material. The property was sold in June 1994, when Kalikow Fulton Church Realty transferred it to Singapore-based City Developments Limited for $75 million. Hilton subsequently managed the hotel, and it operated for many years under the Millennium Hilton identity while remaining owned through the City Developments Limited group. The hotel's location made it especially vulnerable to the disruption caused by the September 11, 2001 terrorist attacks. The building sustained extensive damage and was closed for more than 18 months. It underwent a comprehensive refurbishment before reopening on May 5, 2003. A United States flag that had hung outside the hotel on September 11 was recovered by hotel employees and later placed on display in the lobby, becoming a notable artifact associated with the property's history. The hotel adopted the more conventionally spelled name Millennium Hilton New York Downtown in 2017. For much of its Hilton-management period, it was one of a small number of hotels owned by Millennium & Copthorne Hotels but operated under Hilton management rather than marketed directly as part of the Millennium Hotels chain. Hilton's management agreement ended on January 18, 2022, after which the property became Millennium Downtown New York. Following an extensive renovation of its 569 guest rooms, the hotel was renamed M Social Hotel New York Downtown in October 2025. The new identity places the property within the M Social brand, an urban lifestyle-oriented hotel concept associated with Millennium Hotels and Resorts. Its principal business remains accommodation and full-service hospitality for visitors to Lower Manhattan, including leisure travelers, business guests, and people visiting the Financial District and World Trade Center district.
History
M Social Hotel New York Downtown occupies a site in Lower Manhattan next to 195 Broadway and across Church Street from the World Trade Center. The site's modern hotel history is connected to the redevelopment of the block bounded by Fulton Street, Church Street, Dey Street, and Broadway. After AT&T moved out of its adjacent headquarters at 195 Broadway in 1984, the block was sold to developer Peter Kalikow for $70 million. Kalikow removed two smaller structures near the western edge of the block and considered alternative development plans, including an office building and a hotel. He ultimately selected the hotel proposal. The resulting hotel was built at a reported cost of $200 million and opened on June 10, 1992. Its original name was presented as “Millenium Hotel,” an intentional one-letter misspelling of “Millennium.” The unusual spelling was used in exterior signage and official literature to give the property a distinctive identity. Soon after opening, Kalikow entered bankruptcy, requiring the property to be sold. Kalikow Fulton Church Realty sold the hotel to Singapore-based City Developments Limited in June 1994 for $75 million. Hilton later assumed management of the property, which became known as The Millenium Hilton and was subsequently associated with the Millennium Hilton portfolio. The hotel was severely affected by the September 11, 2001 attacks because of its location immediately south of the World Trade Center. It sustained extensive damage and closed for more than 18 months. A full refurbishment preceded its reopening on May 5, 2003. Hotel employees recovered the United States flag that had been displayed outside the building on September 11; the flag was later placed in the lobby. In 2017, the hotel adopted the name Millennium Hilton New York Downtown, replacing the earlier misspelled form with the standard spelling of “Millennium.” During its Hilton-management era, it was one of several City Developments Limited or Millennium & Copthorne properties that were owned within the Millennium group but managed by Hilton rather than marketed directly under the Millennium Hotels chain. Hilton's management ended on January 18, 2022. The property then operated as Millennium Downtown New York. An extensive guest-room renovation preceded another identity change in October 2025, when the hotel became M Social Hotel New York Downtown. The rebrand brought the Lower Manhattan property into the M Social family within Millennium Hotels and Resorts. The building remains a 55-story hotel with 569 rooms and 98 suites, serving visitors to the World Trade Center, Financial District, and wider downtown New York area.
- 2025
Property joins the M Social identity
[1]After an extensive guest-room renovation, the property was renamed M Social Hotel New York Downtown in October 2025.
- 2022
Hilton management ends
[1]Hilton stopped managing the property on January 18, 2022, after which it was known as Millennium Downtown New York.
- 2017
Name standardized as Millennium Hilton New York Downtown
[1]The hotel adopted the conventional spelling of Millennium in its name.
- 2003
Hotel reopens after refurbishment
[1]The hotel reopened for business on May 5, 2003, after more than 18 months of closure.
- 2001
Hotel damaged in the September 11 attacks
[1]The property suffered extensive damage and closed for a prolonged reconstruction and refurbishment period.
- 1994
City Developments Limited acquires the property
[1]Kalikow Fulton Church Realty sold the hotel to Singapore-based City Developments Limited in June 1994.
- 1992
Hotel opens as The Millenium Hotel
[1]The 55-story hotel opened on June 10, 1992, using the intentionally misspelled “Millenium” name.
- 1984
AT&T leaves the neighboring 195 Broadway headquarters
[1]AT&T moved out of its adjacent headquarters, helping make the surrounding block available for redevelopment.
Products and positioning
An urban lifestyle hotel positioned around a central Lower Manhattan location, combining large-scale full-service accommodation with proximity to the World Trade Center, Financial District, Broadway, and downtown transportation and visitor destinations.
Hotel accommodation · 1992
Guest rooms
The property contains 569 guest rooms in a 55-story Lower Manhattan building. The rooms are the core lodging product and were extensively renovated before the 2025 transition to the M Social Hotel New York Downtown identity.
Hotel accommodation · 1992
Suites
The hotel includes 98 suites, providing a larger accommodation format within the property’s full-service urban lodging portfolio. The suites are part of the room inventory associated with the post-renovation M Social operation.
Hospitality services · 1992
Full-service hotel operations
Beyond rooms and suites, the property operates as a full-service hotel serving business and leisure travelers visiting Lower Manhattan. Its location supports demand connected to the World Trade Center, Financial District, downtown attractions, and nearby corporate and transportation infrastructure.
Brand decisions
2025
Property rebranded as M Social Hotel New York DowntownStrategyBackground
The hotel underwent an extensive renovation of its 569 guest rooms after operating as Millennium Downtown New York.
Action taken
The property was renamed M Social Hotel New York Downtown in October 2025.
Aftermath
The hotel became part of the M Social identity within Millennium Hotels and Resorts while retaining its Lower Manhattan location and room capacity.
2022
Management transitions away from HiltonStrategyBackground
Hilton had managed the property for many years while it was owned within the City Developments Limited and Millennium & Copthorne structure.
Action taken
Hilton management ended on January 18, 2022, and the hotel adopted the Millennium Downtown New York name.
Aftermath
The property operated outside its former Hilton-managed identity before the later M Social rebrand.
2017
Brand name changes to Millennium Hilton New York DowntownStrategyBackground
The property had historically used the intentionally misspelled “Millenium” form.
Action taken
The hotel adopted the conventionally spelled Millennium Hilton New York Downtown name.
Aftermath
The change aligned the property's public identity with the standard spelling of Millennium.
2003
Hotel undergoes comprehensive post-attack refurbishmentOtherBackground
The property sustained extensive damage during the September 11 attacks and remained closed for more than 18 months.
Action taken
The hotel was comprehensively refurbished and reopened on May 5, 2003.
Aftermath
The property resumed hotel operations, while a recovered September 11 United States flag was displayed in the lobby.
1992
Developer selects a hotel project for the Lower Manhattan blockStrategyBackground
After acquiring the block associated with 195 Broadway, Peter Kalikow considered both office and hotel development options.
Action taken
Kalikow proceeded with construction of a hotel, which opened in June 1992.
Aftermath
The resulting property became a major hotel in Lower Manhattan, although the developer later entered bankruptcy and sold it.
Recent events
- 2025
Millennium Downtown New York becomes M Social Hotel New York Downtown[1]
Product launch · Other
Following an extensive renovation of its guest rooms, the Lower Manhattan property adopted the M Social Hotel New York Downtown name in October 2025.
- 2022
Millennium Hilton New York Downtown renamed after Hilton management ends[1]
Leadership change · Other
Hilton ceased managing the property on January 18, 2022. The hotel subsequently operated under the name Millennium Downtown New York.
- 2001
Hotel closes for reconstruction after September 11 attacks[1]
Other
The hotel suffered extensive damage during the September 11 attacks and remained closed for more than 18 months while it was comprehensively refurbished.
Sources1 sources
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