Update: W Boston Hotel (Where Market by Jean-Georges Is Located) Is Sold to Investment Firm

Last summer, we reported that a hotel and condominium complex in downtown Boston that also housed an upscale restaurant was in danger of being foreclosed. This week, it has been announced that the hotel has been sold, though the condos will remain in the hands of the developer.

According to The Boston Globe, Maryland-based Pebblebrook Hotel Trust has bought W Boston Hotel on Stuart Street in the Theatre District from Sawyer Enterprises, with Sawyer keeping the residences within the building. The article mentions that Starwood will continue to run the hotel, with the name remaining the same.

The article contains no information on whether Market by Jean-Georges (the restaurant on the premises) is also part of the deal, but since it appears that Sawyer is only be keeping the residences upstairs, it seems that the upscale restaurant that is known in part for having a three-star Michelin chef behind it may also be part of the sale.

The address for Market by Jean-Georges (as well as the W Boston Hotel and Residences) is 100 Stuart Street, Boston, MA, 02116. the phone number for the restaurant is (617) 310-6790. And the website can be found at: http://www.marketbyjgboston.com/

For more information on this story, please go to the Boston Globe link below.

Troubled developer sells W Hotel