Barone Management Tops Out CR7 by Pestana Hotel in Times Square

by David Cohen

NEW YORK CITY — New York-based development and construction company Barone Management has topped out the 177-room CR7 by Pestana Hotel in Times Square West. Barone is building the hotel for Portuguese-based Pestana Group. The property will serve as the hotel group’s U.S. flagship. The CR7 by Pestana lifestyle hotel brand is a partnership between Pestana Hotel Group and soccer icon Cristiano Ronaldo. The 78,069-square-foot hotel will feature a fitness center, multiple meeting rooms and a double height lobby. Pestana Hotels and Resorts owns and operates over 90 hotels throughout Europe and the Americas, with a presence in cities such as London, Barcelona, Berlin and Rio De Janiero.

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