Marriott International will open the first of two Edition properties in New York next month.
The New York Edition is located in the city's iconic clock tower building directly opposite Madison Square Park.
With 273 rooms and suites, the hotel will feature a 270 sqm restaurant and, on the 39th floor, a 153 sqm fitness centre and spa. It will also feature a penthouse suite offering 360-degree views of Manhattan.
The joint venture between Marriott International and Ian Schrager sits in a portfolio that includes properties in London and Istanbul.
Forthcoming Edition properties are scheduled to open in Sanya, China and Bangkok in 2016, while the second New York hotel, Times Square Edition, will open in 2017 (see news, January 2014).
Arne Sorenson, Marriott president and CEO, said: "Luxury has a new address. With the opening of our first Edition hotel in New York City and the loving restoration of the century-old clock tower building, we have ushered in a new era of timeless hospitality."