
The New York Palace is finishing a $140 million renovation, opening six dining venues, two redesigned lobbies and specialty suites such as Champagne Suite (pictured) this fall. Two of the new eateries come from chef Michel Richard, marking the Washington, D.C.-based chef's first ventures in the city. They are the French market and café Pomme Palais, as well as the fine-dining restaurant Villard Michel Richard, an opulent space that combines the landmarked interiors with modern elements such as the glass-walled "wine cube" in the middle of the dining room.

Opened this summer, Monarch is an indoor-outdoor space on the 18th floor of a Midtown Manhattan building. With Scandinavian decor designed by Natalia Todorova of Gwathmey, Siegel, Kaufman & Associates Architects, the 5,000-square-foot space has floor-to-ceiling silk curtains framing a view of the Empire State Building. Monarch holds 300 guests and is available for buyouts.

Novotel New York finished an $85 million renovation in September that revamped its 480 guest rooms and created a new lobby, meeting space, comfort food restaurant SuperNova, and 5,700-square-foot outdoor lounge on the seventh floor that overlooks Times Square and is available for private events. The hotel has two rooms for small meetings—one for 10 people and the other for 12—that both come with audiovisual equipment.

New to the meatpacking district is 14th Street Loft, a production space that was renovated in September. The 5,000-square-foot open floor plan can be used for private events of 200 people or for print and commercial advertising shoots. The design features wooden columns, exposed brick, and large windows with natural light; the space also includes a kitchen, greenroom, and space for hair and makeup.