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Jay-Z to Open Chain of Luxury Hotels

Friday Dec 28 4:07 PM CST posted by xxl staff

Jay-Z and his financial partners, Charlie Blaichman and Abraham and Scott Shnay, have announced plans to launch a chain of high end five-star hotels. According to Globest.com, the chain will be called J Hotels and the flagship location will be developed on the 150,000 square foot property that the group recently purchased in Manhattan’s Chelsea neighborhood. Jay and his partners plan to expand J Hotels into other cities following the opening of the New York location. The property stretches from 510 W. 22nd Street to 512 W. 21st Street and is currently the occupied by a five story warehouse and parking facility that is under lease to Time Warner Cable. Ronald Solarz and Eric Anton of Eastern Consolidated closed the $66.4 million deal which included the property and air rights. “West 22nd Street, between 10th and 11th Avenue, is arguably the heart and soul of the West Chelsea High Line district and is a perfect location for an upscale life style-oriented five star hotel,” Solarz said of the location. In related news, Jay recently landed the No. 4 spot on Forbes Magazine’s list of the 20 Biggest Celebrity Paydays of 2007. The mogul’s sale of his Rocawear clothing line to the Iconix Brand Group netted him $82 million, placing him just behind radio personality Howard Stern and 50 Cent.

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77 Comments »

December 28th, 2007
at 4:20 pm

moresickaMC says:

youre looking @ one smart black boy

December 31st, 2007
at 11:04 am

Chris says:

^^^^^^^^^^^^^^^^^

CO-SIGN!!!!

 
 

December 28th, 2007
at 4:23 pm

EzY moneY baGs says:

hova da god he get it fa real smart business man first hip hop for ten years then the 40 40 shiit now a chain of hotels!!!what rapper doin it this big ever????????????????????????

 

December 28th, 2007
at 4:24 pm

lyann says:

look like i dont need def jam keep hustle Jay u the man lol

 

December 28th, 2007
at 4:24 pm

chocolate rain says:

lil Wayne is also investing …in cough syrup,lol

 

December 28th, 2007
at 4:28 pm

KASILOKOBX3RDWORLDG-DIRECTOR says: Subscribed to comments via email

GET IT BOY! LIKE ME!!!!

WITH WAY LESS EFFORT……I AM NUMBER 1!

 

December 28th, 2007
at 4:28 pm

og bobby j says:

camel trump

December 28th, 2007
at 6:51 pm

jb-da b.stuy reppa says:

Stop wit the Camel comments……..He’s a smart black man. As well
as top five dead or alive… God M.C. He….. Jay Hova!!!!!!!!

 
 

December 28th, 2007
at 4:29 pm

KASILOKOBX3RDWORLDG-DIRECTOR says: Subscribed to comments via email

GET IT BOY! LIKE ME!!!!

WITH WAY LESS EFFORT……I AM NUMBER 1 !

 

December 28th, 2007
at 4:34 pm

chris says: Subscribed to comments via email

my nigga jay always gettin that money thats what these young niggaz don’t understand(wayne,joe buddens,etc) these lil niggaz need to pay homage to the king and stop throwing rocks at it…….

 

[...] Hot Momma Gossip placed an observative post today on Jay-Z to Open Chain of Luxury HotelsHere’s a quick excerpt [...]

 

December 28th, 2007
at 4:38 pm

EReal says:

He’s gettin it.

 

December 28th, 2007
at 4:46 pm

Guapkid08 says:

they tryna get them ones he tryna get them M’s

 

[...] him $82 million, placing him just behind radio personality Howard Stern and 50 Cent. source: XXLmag.com | Hip-Hop On A Higher Level | Jay-Z to Open Chain of Luxury Hotels wow, he doesnt stop, this time if it works out, its major….. [...]

 

December 28th, 2007
at 5:01 pm

jonathan says:

thats cool! thell be waiting for him in about 10 to 15 years when he gets out of prison for doing work for the devil and laundering and embezzling with the mafia! no problem! you will have some nice hotels to stay at when you get out jigga! you and beyonce! goodluck!

 

December 28th, 2007
at 5:06 pm

ill G says:

lol @ jonathan…what is u talkin bout ma dude? lol please elaborate… a line of hotels? i mean thats wasup

 

December 28th, 2007
at 5:12 pm

50 Cent » Jay-Z to Open Chain of Luxury Hotels says: Subscribed to comments via email

[...] Here’s another interesting post I read today by MOG - Discover people through music and music through people [...]

 

[...] Here’s another interesting post I read today by XXLmag.com | Hip-Hop On A Higher Level | [...]

 

December 28th, 2007
at 5:13 pm

Jeopardy says:

Someone has finally understood the being rich vs. being wealthy speech by Chris Rock.

 

December 28th, 2007
at 5:28 pm

50 Cent » Jay-Z to Open Chain of Luxury Hotels says: Subscribed to comments via email

[...] MOG - Discover people through music and music through people wrote an interesting post today on Jay-Z to Open Chain of Luxury HotelsHere’s a quick excerptJay-Z to Open Chain of Luxury Hotels December 28th, 2007 Jay-Z and his financial partners, Charlie Blaichman and Abraham and Scott Shnay, have announced plans to launch a chain of high end five-star hotels. According to Globest.com, the chain will be called J Hotels and the flagship location will be developed on the 150,000 square foot property that the group recently purchased in Manhattan’s Chelsea neighborhood. Jay and his partners plan to expand J Hotels into other cities following the op [...]

 

December 28th, 2007
at 5:39 pm

Celebrities » Jay-Z to Open Chain of Luxury Hotels says: Subscribed to comments via email

[...] Bad Left Hook :: A Boxing Blog wrote an interesting post today on Jay-Z to Open Chain of Luxury HotelsHere’s a quick excerptJay-Z to Open Chain of Luxury Hotels December 28th, 2007 Jay-Z and his financial partners, Charlie Blaichman and Abraham and Scott Shnay, have announced plans to launch a chain of high end five-star hotels. According to Globest.com, the chain will be called J Hotels and the flagship location will be developed on the 150,000 square foot property that the group recently purchased in Manhattan’s Chelsea neighborhood. Jay and his partners plan to expand J Hotels into other cities following the op [...]

 

[...] post by XXLmag.com | Hip-Hop On A Higher Level | « Daily Insurance News Wires- 12/28/2007 X17 XCLUSIVE: Lindsay Visits The “Old [...]

 

December 28th, 2007
at 6:16 pm

Thousandaire says:

This man is fuckin incredible…

 

December 28th, 2007
at 6:35 pm

Rednose pit bull says:

this nigga doing it!!

 

December 28th, 2007
at 6:52 pm

MR. UNDI$PUTED THE MOGUL says:

THIS IS DOPE ON SO MANY LEVELS,
1. ANYBODY NOT HATING TRYING TO BE $UCCE$$FUL ON A MAJOR LEVEL CAN USE THIS AS INSPIRATION.
2. THIS DOES’NT HAVE SHIT TO DO WITH HOW MUCH JEWELRY OR CARS A MAN HAS.
3. UNTIL “YOUR FAVORITE ARTIST IS “BAALLLLIN” LIKE THIS, SHUT THE FUCK UP!
4. REAL MILLIONARE BUSINESSMEN ONLY WANT TO WORK WITH MEN WHOSE MIND’S HAVE LEFT THE “GHETTO PROJECT MINDSTATE” BEHIND.
5. TO THOSE WHO LOVE THE FACT THAT JAY IS’NT THE DEF JAM CEO & PRESIDENT ANYMORE, REALIZE SITTING IN THAT OFFICE COST HIM MORE $$$$ THAN HE COULD’VE EARNED SITTING IN THAT BIG LEATHER CHAIR.
6. I’LL DIE AN LLCOOL J FAN BUT HIM OR ANYONE ELSE NOW BETTER FIND A NEW EXCUSE IF & WHEN THEY PUT OUT A WHACK BULLSHIT CD & IT FLOPS!!!
7. BIG PIMPIN’ “COUNTING CHEE$E”
8. TO THE “DAME WAS THE BU$INE$$MAN DICK RIDERS” WHERE IS HE NOW?? JUST WONDERING.
9. HEY DEHAVEN HOW’S YOUR SMEAR CAMPAIGN WORKING OUT??
JAY KEEPING DOING IN BIG!!!!!
PEACE!!!!!!!!!!

 

December 28th, 2007
at 8:51 pm

Flymasta says:

1 MILLION, 2 MILLION, 3 MILLION, 4
IN JUST A FEW MONTHS 80 MILLION MORE

HE IS THE BLUEPRINT HE GIVES HOPE TO BLACK PEOPLE I WOULD LOVE TO GET A JOB THERE AS A BELLBOY

NOW ADD THE COUPLE MILL THAT I SAID B4
U ARE NOW LOOKIN AT ONE SMART BLACK BOY

 

December 28th, 2007
at 9:28 pm

Mystery says:

This is why Jay doesn’t give a shit what mixtape rappers say about him. If I was making those moves, the reponse those rappers would get from me is a yawn and a scratch of the balls.

December 28th, 2007
at 11:44 pm

Jay is the man says:

see these other niggas spendin their money foolishly.. jay has been legit for damn near 15 years and these other fools need to take a word of advice. you dont need that gun nigga, invest the cash and ust shut the fuck up. publicity stunts and what not. GIVE IT UP!!!!!! No one needs to see you in jail for proof, no one beleives you anyway. Im talkin to YOU, JOC. CHUUCH!

 
 

December 28th, 2007
at 9:45 pm

Ali says:

you’d think he’d have enough cash to just chill out haha guess not….gotta give em props tho

 

December 28th, 2007
at 11:17 pm

Trickdd says:

THIS NIGGA DOIN IT BIG LIKE PAC I MEAN BIG LIKE B.I.G. BUILDIN INTERNET AND GAS THEM THE THREE THINGS MAKEIN THE MOST CASH IM A REAL NIGGA NOT A BUSTA BUT ILL BUST YOUR ASS THEN SHIT SWITCH QUICK COUSE THE BITCH YOU CAME WITH NO YOU A BITCH AND IM LEGET CUZ YOU THE ONE WIT DA FAT LIP THE SOUTH GOT ALOT TO DO WITH THIS IMA REPRESENT I AINT HATEN ON YOU NEW YORK NIGGAS BUT ITS ASHAME HOW YOU TALK BAD ABOUT THE SOUTH WE HAD ONE GRILL SONG AND EVERYBODY ACTIN LIKE THATS THE ONLY SONG THEY NO THE SOUTH PUT OUT STOP FOOLIN YOURSELF YOU NO THE SOUTH MAKE HIT AFTER HIT IF THE SOUTH AINT HOT IT AINT THE SOUTH 365 DAYS WE STAY HOT MAKEIN MUSIC THAT MAKE YOUR HEAD BOB THATS WHAT THE SOUTH ABOUT

December 29th, 2007
at 4:19 am

ILLMATIC says: Subscribed to comments via email

nigga, I can’t you come from the south and you don’t even know good southern music. Hit after hit, nigga if call soldier boy and all those waco ass rappers hits, then your stupid too. Have you even heard geto boys, scarface, southernplayalisticaddilacmusik by outkast or maybe ridin’ dirty by ugk?

 
 

December 28th, 2007
at 11:42 pm

DEFGRIP says: Subscribed to comments via email

[...] good dudes on that one, and anything with Dakota is gold. Jay-Z resigning from Def Jam, then opens Hotel. Terry Adams being on the Odyssey team The new Federal website Pegleg bonus part 1. Pick up that [...]

 

December 29th, 2007
at 12:00 am

kiss says:

he is so good at singing~~He seems to have a personal account at a millionaire&celebrity dating club”WealthyKiss.com”with his pictures and blog. He is so popular there. I hope I were him, thus I can date those hot girls there…LOL

 
 

December 29th, 2007
at 12:50 am

Iglooo Senei says:

“The mogul’s sale of his Rocawear clothing line to the Iconix Brand Group netted him $82 million, placing him just behind radio personality Howard Stern and 50 Cent.”

Are we talking about earnings for ‘07? Behind Stern and Curt in what aspect?

 

December 29th, 2007
at 2:25 am

YOUNG TUNE says:

LIKE ALL HATAS DONT HATE JAY IS WAT U CALL A TRUE HUSTLA AND THE TRUTH ALWAYS CUMS TO DA LIGHT NOW YALL DEFINETLY CAN GRAB YALL SHADES CAUSE HE IS DAT LIGHT

 

December 29th, 2007
at 3:47 am

0 yea im s0 VA says:

WOW big bizznizz that boy Hov ant no joke, 0 yea im s0 VA

 

December 29th, 2007
at 6:38 am

Jennifer says:

I am just a bit curious…His profile was found on millionaire dating site”BillionaireCupid’last week.

 

December 29th, 2007
at 7:43 am

Stu says:

Is there anything Jay-Z has not got his hand in ?
Ladies underwear?

December 30th, 2007
at 7:55 pm

Adetiba says:

Na he’s into those too, Beyonce LOL

 

December 30th, 2007
at 7:55 pm

Adetiba says:

Na he’s into those too, Beyonce LOL

 

January 3rd, 2008
at 10:51 am

EReal says:

Yeah, Larry Johnson’s ladies underwear he be rockin.

 
 

December 29th, 2007
at 9:28 am

latino heat says:

damn jay, u are that dude. how did 50 make more than jay-z? besides the vitamin water deal it seemed like a pretty slow year for 50. did he finally go platinum? it seemed like jay had way more power moves. we have our new russell. please no yoga or siding with operah though.

December 29th, 2007
at 1:24 pm

REESE says:

^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^
YEA, IT’S ONLY BECAUSE OF VITAMIN WATER.

January 1st, 2008
at 5:16 pm

noid says:

50 cent in the game for 4 and a half years

jay-z in the game for more then 10 years

and 50’s neck and neck with him.what the fuck are ya’ll talking about?

 
 
 

December 29th, 2007
at 10:26 am

RAP IS CRAP says:

GOOD MOVE…ALL THE SMART MONEY IS GETTING THE FUCK OUT OF RAP MUSIC!

 

December 29th, 2007
at 12:05 pm

M Sykes says:

This dude has made all the right moves. You know his next thing will be a movie about his life from the corner to the penthouse…….run your numbers Jay

http://www.fittedcapcover.com

 

December 29th, 2007
at 2:49 pm

Mr.Defrosted says:

 

December 29th, 2007
at 4:35 pm

barbarian at the gate says:

Smart.

Hotels on Manhattan?

Sounds very slick.

If you have money, make it work for you.

 

December 29th, 2007
at 5:14 pm

Brodie says:

latino heat says:

damn jay, u are that dude. how did 50 make more than jay-z? besides the vitamin water deal it seemed like a pretty slow year for 50. did he finally go platinum? it seemed like jay had way more power moves. we have our new russell. please no yoga or siding with operah though.
^^^^^^^^^^^^^^^^^^^^^^^
it’s not money all together, it was for the most money made in one deal

 

December 29th, 2007
at 7:40 pm

raskizzo my nizzo says:

get off his nuts and go get yours!

look out for cosmoliving.com in ‘08
contemporary furniture for progressive lifestyles…

look out for me fam!
we doing it big.

 

December 29th, 2007
at 8:38 pm

HOTSKOOLZ says:

HE’S DEF THE DEFINITION OF HUSTLER!

 

December 29th, 2007
at 10:27 pm

Mr KCMO says:

Hip Hop is dead……

 

December 30th, 2007
at 12:50 pm

barbarian at the gate says:

^^
Naw man, it’s just starting to get smart.

 

December 30th, 2007
at 4:01 pm

seminary and e.16th says: Subscribed to comments via email

i dont give a fuck about no dope game….everybody gottaplay a position…and its only one nigga eaten…uh uh….fuck da dope game because im a solo ridah….i rather rob da nigga wit da drugs….

in oakland it aint no blood and crips but niggas be in groups jus like bloods and crips….

i remember i had a candy painted park ave in 2001…and around that tyme niggas wasnt even pullin up n candy…way before mike jones made candy paint mainstream…..some niggas followed me while i was checkn traps and i got hella prank calls before i made my last move…….so i parkd my car wit da engine runni.then i got out and went up da driveway
to go get my money and before i get to the car its gone……from dat day on i couldnt get no leads to it…i couldnt pay nobody to tell me where it was…so from that point on i was like ok…niggas wanna hate…i said fuck da dope game fuck da streets……

i blame my dad for exposn me to that life.. because he never really school me on certain shit……so fuck da dopegame and everybody in it…the police know niggas servn on da corner…but if u dont switch up and invest it in onther way…they gone bust u….and half da niggas that been rollin in oakland for so long paynda police to look the other way….like jayz say ”the boys in blu who put greed before the badge.

niggas be gettn caught wit a pistol on five year felony probation and only get 28 days and reistate the probation……hell naw…

i hope everybody in da dopegame fall…and dont sell shit around where i lay because ima drop a dime on u niggas……

 

December 30th, 2007
at 4:47 pm

sean_izzle says:

when is the new XXL cover comin?

i bet Pimp C is gonna be on it or else who?

 

December 30th, 2007
at 5:19 pm

Wealthy White Target Audience says:

Give him all the props you want, however not one of you posting on this site will ever spend a night in one of his hotels however… Jay will see to that.

 

December 30th, 2007
at 7:41 pm

kritiq says:

while people like D’Haven are sitting on they lazy ass asking for hand outs reals niggas are doing real shit these days, and it’s not only jay, young Black niggas are getting they own shit together, so niggas have to choose who you wanna be like jay-z or broke ass D’ haven.

December 30th, 2007
at 9:23 pm

straight up killa says: Subscribed to comments via email

fuck em all…..yall niggasaint da only niggas wit guns……from da hip not da lip.
its blood on dis fuck a crip……..kill a nigga

 

January 2nd, 2008
at 7:49 am

Mr.Wang says:

Preach!

 
 

December 30th, 2007
at 9:58 pm

GODKING7 says:

BROOKLYN STAY ON TOP ALWAYS!!!!!!!!

 

December 30th, 2007
at 10:01 pm

GODKING7 says:

BROOKLYN STAYS ON TOP ALWAYS!!!!!!!!!!!!!!!!

 

December 30th, 2007
at 11:36 pm

Nico says:

 

December 31st, 2007
at 4:15 am

truth 101 says: Subscribed to comments via email

i see yall idoits dont understand money in digits . just becuase you can invest with the big business doesnt mean you can hang with big business. look at nelly when he had to jump out the n.b.a. dont you think these people can push jay out the way same way he did others . when he looks around im sure he dont see the same color and i aint talking about mmoney dumby . yall might be to slow to catch up on that lol

December 31st, 2007
at 10:07 am

EReal says:

Yeah watch him turn into dude from “Empire” lol.

White boy fuck him outta all his cash, lol.

 
 

December 31st, 2007
at 8:23 am

ron says:

I am proud of this brother, not nigga. Many say we don’t have the intelligence to make these kind of moves, to busy beefing about grillz and rims. This man embodies the true essence of hip hop by creating opportunities where there is none.

 

December 31st, 2007
at 9:23 am

BlogXilla says:

I’m not mad at dude!! J. Hotels… lol I thought he was going to call it the Marcy. Oh well congrats I wrote a survival guide to motel loving if anyone wants to read it! Thanks for the idea xxl.

 

December 31st, 2007
at 9:51 am

Brooklyn b says:

truth 101
yous an ass, who gonna push hov out? you think he got in the position he in now cause he dumb or aint on his grizzly? yous buggin’
roc boyz 08 bitches

 

December 31st, 2007
at 9:53 pm

watchfreek says:

LOL, My Man

 

January 1st, 2008
at 8:42 am

Lynx says:

I can’t hate on another nigga gettin cake.

Get it done Jay.

 

January 1st, 2008
at 4:19 pm

jigga nigga says:

JAY IS DOING BIG THING AND BIG BUSINESS. MORE HIP HOP ARTIST SHOULD GET THEIR BREAD RIGHT AND START HEAVILY INVESTING. MOST OF THESE NIGGAS DON’T HAVE 401K OR ANY TYPE OF INVESTMENT PORTFOLIO BUT THEY HAVE A THREE HUNDRED THOUSAND DOLLAR ROLLS ROYCE PHANTOM OR A MAYBACH IN THE DRIVE WAY OF THEIR RENTED HOME THAT THEY CAN ONLY AFFORD FOR 6 MONTHS UNTIL MTV CRIBS COMES. LISTEN TO BEANNIE SEGALS SONG “GUTTED” AND YOU WILL SEE MY POINT. BUT JAY, PUFF AND 50 SEEM TO BE SMART NIGGAS MAKING GOOD FINANCIAL DESICIONS. GET YOUR MONEY RIGHT.

 

[...] + Jay-Z Prepares Luxury Hotel Line: “J Hotels” (XXL) [...]

 

January 2nd, 2008
at 11:17 am

prosice says: Subscribed to comments via email

jay is doing the damn thing hes business and street smart others looking to make money should study his moves i kno i do lo0ol

P

 

January 2nd, 2008
at 1:50 pm

NIG says:

I HATE HIM AS AN RAP ARTIST,BUT LOVE HIM AS A BUSINESS MAN……THATS REAL………AND IM MAD HE STOLE MY GIRL B AWAY FROM ME……….

 

January 3rd, 2008
at 4:01 am

Randy says: Subscribed to comments via email

Make no mistake about it. Jay-z is the smartest rapper/mogul of all time.

 

January 3rd, 2008
at 4:03 am

Randy says: Subscribed to comments via email

Jay-z is the smartest rapper/businessman in the game today.

 

January 4th, 2008
at 12:08 am

deandre surrell says: Subscribed to comments via email

the question is who is a billionaire?……
outta twelve billionaire’s……they pickd jay-z the eight time…and no he’s not a billionaire people…dat nigga aint nuthn but a multi-billionaire like me…..only thing different about jay-z and me in camparison is…..he’s on tv im not.

dont gimme a round of applause….this da first part of my act…..

yall niggas rap right?….

 

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