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As Peck Slip School Protests Shelter in Former Hotel Next Door Tenants Protest Developer

by Matthew R. Lee

LOWER MANHATTAN, July 7 – A controversy has been developing near the South Street Seaport, in which the NYC Department of Social Services is moving to open a men's shelter next door to the Pcck Slip school. 

   Inner City Press and its Downtown News Service went to investigate, and found what was previously a Hampton Inn hotel at 320 Pearl Street now empty, with brown paper on its windows. 

  It turns about the David Schwart's Slate Property Group, already subject to protest by tenants on the Upper West Side for radically raising their rents - threatening to make some homeless - bought the Hampton Inn in December 2023 for $24 million.  

How is it more lucrative to turn it into a homeless shelter than run it as a hotel? And why is the City doing this plan, with a developer being protests by its existing tenants?   

A Freedom of Information Law request has been filed. Watch this site.


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