Tranquility isn’t always something you expect to find in Manhattan’s bustling Financial District. The Wall Street Hotel, opened in 2022 by the Papspaley family (as in Papspaley Pearling Company), fulfills the wish of the building’s erstwhile owner Allan Gerdeau, who dreamed one day it might be “an oasis of charm and culture.” The moment one steps off the teeming streets of downtown (at the corner of Wall and Pearl streets, to be clear), his shoulders drop. At last, a moment of peace in the busiest place on earth.
In addition to the 180 rooms and suites, the hotel is home to Lounge On Pearl, its jewel-toned cocktail lounge, the newly opened rooftop Bar Tontine, and La Marchande, Michelin-starred chef John Fraser’s restaurant, making the hotel a destination for locals, and not just guests, in a neighborhood full of them. It’s a place where “guests can come together, be together, and everyone feels like they’re walking through the doors of their friend’s home,” says Lauren Schubert, the property’s director of marketing and communications. After having a martini and frites in the lounge, or oysters and a rib-eye in the restaurant, guests can head up to spacious rooms that pay tribute in color and decor to the mother-of-pearl shells that are synonymous with the Papspaley name. A blissful calm washes over you as you gaze out over breathtaking views of New York Harbor. This is how it’s supposed to be.
The Wall Street Hotel might be situated in one of New York City’s busiest business districts, but guests at the property won’t be anything but relaxed thanks to its calm vibes and luxurious amenities.
Here, Schubert tells us about her favorite room at the hotel, and what makes staying in the Financial District so special.
What do you consider to be the best room at the property and why?
All of our rooms have unique features, but the Otto Suites are the premiere offering at the hotel. They have over 800 square feet and they’re meant to feel like a home away from home, where guests really have space to unwind, entertain, and do what they came to New York to do. They have a separate living area, an additional half bath, and it’s really perfect for guests that are looking for a longer stay and need more room to relax.
I think the most special part of the Otto Suite is the private sanctuary that is the bathroom. It is pretty massive, and I would say it has the same square footage of an apartment in New York City! The deep-soaking tub, sizable marble shower, and heated bathroom floors make the space feel extra-luxurious. It’s the piece de resistance, for sure.
How much does it cost per-night?
On average, that suite goes for $1,800 per-night.
The Otto Suite at the Wall Street Hotel offers guests enough space to make themselves at home in a city that’s not always known for its gracious interiors.
How would you describe the guests and the vibe at the hotel?
We have a sophisticated and stylish, yet fun, vibe. The inspiration of the hotel—from the entrance to the rooms—is inspired by classic New York residences. It’s a place for people from all over the world to gather and feel welcome here. Our guests really come from all walks of life, so we see the business traveler, the leisure traveler, families, couples, and even the solo traveler. I think because of our location we see a lot of people naturally visiting this area because of business, but we also see those people extend their stay to enjoy the location and the city overall. What we call a bleisure trip, a blending of the business and leisure travel.
What feeling about the city and the neighborhood do you hope to impart to guests?
New York is such a special place, and it’s a city that offers something to everyone and anyone. At the hotel we wanted to impart that feeling: no matter where you’re traveling from, who you’re with, we want everyone to feel at home here. Especially in Lounge On Pearl and La Marchande we wanted the locals here in the community to feel like this hotel is a refuge from the hustle and bustle of the city. You can come and escape here after work or use it as a place to work from. We can be that oasis.
The newly opened Bar Tontine at the Wall Street Hotel offers both a stunning view from the 15th floor—take in both Lower Manhattan and the East River—as well as drinks and food in either the Parisian-inspired interior or on the terrace.
What’s a local attraction that you always recommend?
There are so many! New places are popping up every day. It’s such a different vibe down in the Financial District. This area in particular has really seen a renaissance and there’s life down here. For foodies we always recommend the Tin Building, if you’re looking to shop we recommend Brookfield Place or the Oculus. And for those who are just looking for a great view we’d recommend Pier 17 and its incredible views of the Brooklyn Bridge, especially at night when everything’s lit up. There’s definitely never a shortage of places to recommend.
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