The Helmsley Middletowne Hotel, one of four Manhattan hotels in the late Leona Helmsley's estate, plans to close its doors in May, according to a filing with the New York State Department of Labor.
The 192-room hotel's lease will expire after 82 years of hospitality services at 148 East 48th St., between Second and Park avenues. It's the first major hotel closure since 2005, according to John Fox of PKF Consulting, who noted that hotel occupancy rates have been climbing since the middle of 2009.
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