Shaun Rose

Shaun Rose is a Senior Director at Northgate Real Estate Group.

Before moving into brokerage, Shaun spent over two decades as a fixture in NYC’s hospitality industry where he owned and operated some of the city’s most prominent hospitality venues. During that span, he oversaw properties for some of the country’s largest REITs and developed relationships with many of the city’s top property owners.

In 2020 Shaun decided to leverage those relationships by joining the Corbin Group at Rosewood Realty. During his time at Rosewood, he represented both buyers and sellers in many types of transactions including developments, multifamily, vacant, distressed properties, and non-performing notes.

Shaun serves on the board of the NYC Hospitality Alliance. He is currently working toward completing all 6 world major marathons to raise money for Project Purple, the non-profit organization empowering the fight against pancreatic cancer. He lives in Long Beach with his wife and two Daughters.


For Sale
Bankruptcy Sale
Opportunity to purchase The Wagner Hotel at the Battery through a Chapter 11 bankruptcy sale. Located on the southern tip of Manhattan overlooking the Hudson River, the Statue of Liberty, and the Financial District, the Offering represents the rare investment opportunity to acquire a fully unencumbered luxury Hotel. Comprising the bottom 14 floors of the 39-story mixed-use tower (113 Ritz-Carlton-branded residences above), the Wagner was developed ground up in 2002 and operated as a Ritz-Carlton until 2018. The Hotel features 298 oversized guestrooms (averaging almost 500 SF), nearly 17,500 SF of high-quality meeting and banquet space, restaurant/bar, spa, and fitness center. The Offering provides investors with the rare opportunity to acquire a recently constructed luxury asset that is unencumbered of both brand and management, providing operational flexibility to implement their own unique vision for the Hotel. Given the tremendous array of value-add opportunities, such as branding the Hotel, renovating the guestrooms, activating underutilized public space, and improving the overall amenity base, new ownership will be able to capture higher-rated group, corporate, and leisure business as the New York Lodging market continues its robust recovery. Strong fundamentals in New York City positions owners for near-and-long-term success. New York City luxury lodging performance rebounded significantly in 2022, with year-end RevPAR exceeding 2019 levels by 10.7%. Although demand/occupancy levels have yet to return to pre-COVID levels, ADR for luxury hotels was 30.1% higher than 2019 levels. As international, corporate, and group demand continues to return to NYC, demand is expected to surpass prior or peak levels and the market should experience strong RevPAR growth. Additionally, given the countless hotel closures, regulatory challenges, and increasingly high costs to develop new hotels, the supply pipeline has tapered. Nearly 10,100 keys (9.6% of Manhattan inventory) will likely remain permanently off-line (either closed or converted to an alternative use), especially several notable properties Downtown and in the Financial District. The Property is being sold pursuant to a bankruptcy court-supervised sale process and will be delivered free and clear of debt.

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