Philips International Announces Koi Restaurant at Bryant Park Hotel Renews Lease

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Popular Japanese Restaurant Continues to Be Huge Success

The Bryant Park Hotel and Koi are a perfect combination and have proven to be a symbiotic pair

Philips International announced today that Koi Restaurant, one of New York City's most chic and popular Asian-style restaurants, has renewed their lease at Bryant Park Hotel at 40 West 40th St.

"The Bryant Park Hotel and Koi are a perfect combination and have proven to be a symbiotic pair," stated Michael Pilevsky, managing director of Philips International.

The Bryant Park Hotel, called one of the "World's Best Places to Stay" by Conde Nast Traveler became home to Koi, a restaurant inspired by traditional Japanese dishes and enhanced with modern California accents in 2005. Koi was an immediate sensation and swiftly became one of Manhattan's trendy hot spots.

Philips International converted the American Radiator Building, located in the heart of midtown-Manhattan, to The Bryant Park Hotel in 2001.

The Bryant Park Hotel is a 25-story landmark building with 128 guestrooms, some with terraces. Each room is bedecked with contemporary décor and signature room arrangements that include authentic Tibetan rugs and travertine marble bathrooms. Rooms are also outfitted with state-of-the-art entertainment equipment.

Bryant Park Hotel is also home to the Cellar Bar, one of New York City's hottest night spots.

For more information on the Bryant Park Hotel or to make reservations, visit http://www.bryantparkhotel.com or by calling (877) 640-9300.

About Philips International

Founded over 30 years ago by Philip Pilevsky, Philips International is one of the most active investors and developers in the real estate industry. Philips International specializes in the acquisition, development and management of property in the retail, office, residential and hotel sectors. The company's holdings span more than 200 properties and include such notable assets as the Bryant Park Hotel in Manhattan; The Corner, a new luxury rental building on the Upper West Side of Manhattan; and Grand Park Office Condominiums, a new office condominium development in midtown Manhattan at 40th Street and Park Avenue.

Philips International has offices in New York, Delaware, Florida and Texas. For more information, visit their website at http://www.pihc.com.

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