NEW YORK INTERNATIONAL ANNOUNCES NEW VENUE

Kevin Foley, long time Bourse Chairman for the New York International Numismatic Convention has announced date and site commitments for the event through 2022. Foley said, “As probably everyone knows who has a smartphone, reads the newspapers or watches television news broadcasts, our home since 2012, the Waldorf Astoria Hotel, has been purchased by the Anbang Insurance Company, a risk management firm located in China. The acquisition price was 1.9 billion dollars, a world record for a single hotel operation. The new ownership group announced a few months ago that in the Spring of 2017 the Waldorf would be shutting down for a three year renovation project that would see it reemerge as luxury condominiums and a downsized 300-500 room ultra-luxury hotel. Although this will not affect our 45th Annual NYINC, with bourse dates of January 12-15, 2017, we obviously will need to hold our event somewhere else in 2018 and beyond.”

Foley continued, “After an intensive site search and detailed evaluation of multiple hotel properties in Manhattan, I’m both pleased and excited to announce that beginning in 2018, our new home will be a flagship property of the Hyatt Hotel chain, the Grand Hyatt, located at 109 East 42 nd Street, between Lexington and Park Avenues. The Hyatt is just seven blocks South of our Waldorf site and enjoys a direct indoor connection with Grand Central Station, a subway and regional commuter train hub, with no less than six different subway line stops, as well as being the terminus for the Metro North commuter train system. What we are especially pleased about, however, quite beyond this ease of access and the undeniable luxury of the Hyatt, is the fact that we will no longer need to operate on the same dates as the FUN show bourse”.

Foley also said, “I know that some people tried to portray our frustratingly perennial date overlaps with FUN as some sort of test of wills between the two events, but the past date conflicts simply arose from the realities of date and site availability issues that the management of both events were confronted with. So, for the next six years, including our upcoming 2017 convention, members of the numismatic community will be able to take part in both FUN and NYINC.

Rick Ponterio, President of the NYINC, joined with Foley in making the announcement and said. “In even more good news, the ballroom facilities at the Hyatt will enable our bourse dealers to all be in the same room. I know that our four separate bourse room setup at the Waldorf was somewhat unconventional, but people did get used to it and it worked, although I’m really glad that our entire bourse will be in one ballroom at the Hyatt. We’ll also have more than ample space for our multiple auction lot viewing areas and eight days and nights of auctions. I just feel really ramped up about what a positive development for everyone, booth holders, early birds and collecting public our move to the Hyatt will prove to be”.

For more information, see:
www.nyinc.info

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