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Jersey City waterfront hotel sells for $117 million

Joint venture acquires Hyatt Regency with 351 rooms
The waterfront Hyatt Regency hotel in Jersey City traded for approximately $333,333 per room. (CoStar)
The waterfront Hyatt Regency hotel in Jersey City traded for approximately $333,333 per room. (CoStar)
By Ankur Sahoo with
September 25, 2025 | 3:33 P.M.

A joint venture between New York-based Taconic Capital Advisors and Connecticut-based HEI Hotels & Resorts has acquired the Hyatt Regency Jersey City hotel for $117 million, or approximately $333,333 per key.

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News | Jersey City waterfront hotel sells for $117 million