Renowned Australian pearling family The Paspaleys have returned to New York City’s historic pearl trading district to open their first hotel.

Housed in the historic Tontine building, in lower Manhattan’s Financial District, The Wall Street Hotel is now open to guests, offering an elegant residential-inspired experience.

Hotel Owner and Paspaley Group of Companies Executive Chairman, Nick Paspaley, described the hotel as ‘a one-of-a-kind gem for New York’s famed financial district’.  

“The Wall Street Hotel is a natural continuation of our family legacy, bringing 100-years of travel and trade, global cultural experience, adventure, and refinement to transform the historic Tontine building into a new oasis of charm and comfort,” he said.

Developed by Actium Development Company, with architecture by Stonehill Taylor, and interiors by Rose Ink Workshop, the hotel aims to appeal to a variety of travellers – singles, couples, friends and families, as well as those on business.  

Stonehill Taylor President, Paul Taylor, said the location presented an exciting opportunity.

“We had the unique opportunity to recharge this special location, while preserving the historic character of the original buildings we restored,” he said.

“The Wall Street hotel now serves as a welcoming destination for locals and global travellers alike drawn to the energy of New York’s iconic financial district.”

The property features 180 individually designed guest rooms and suites – from large king rooms to luxurious multi-bedroom suites – complete with plush furnishings, modern technology, curated libraries, a handcrafted bar cart, and original artworks.

The rooms and guest spaces have been designed with classic New York homes in mind, with a calming colour palette to make guests feel at ease.

“My goal is for visitors to feel like they are coming to their favourite pied-à-terre in New York and for locals to have a refuge to meet friends in the heart of the chaos of New York,” said Rose Ink Workshop Creative Director and Founder, Liubasha Rose.

“The interiors were drawn from the energy of Wall Street with a nod to the heritage of the Paspaley Pearling family. Using rich velvets, marble floors, soaring ceilings, and hand applied finishes, we created a timeless design for guests tap into their inner movie star.”

Chef John Fraser leads the hotel’s signature restaurant, La Marchande, which offers a modern French brasserie menu with global influences.

Guests can also avail of concierge services, lobby lounge, rooftop ballroom, and 24-hour fitness centre, with more restaurant and bar concepts to come.