Two young real-estate developers have transformed a 1927 Bowery flophouse into a stylish take on a hostel. History buffs will get a kick out of the original wainscotted corridors leading to cubicles (singles are a cozy 35 square feet, and not all have windows) with latticework ceilings to allow air circulation. It might not be the best bet for light sleepers, but the place is hopping with pretty young things attracted to the hip aesthetic and the location (across the street from the New Museum and close to Soho and the Lower East Side). Quarters are decorated with vintage prints and historical photographs, and illluminated by lightbulbs encased in 1930s and ’40s mason jars; towels and robes are courtesy of Ralph Lauren. The immaculate (gender-segregated) communal bathrooms have rain showerheads and products from local spa Red Flower, while the guest lounge is outfitted with chesterfield sofas, chandeliers, a huge LCD TV and an assortment of international style mags. There’s a 1,800-square-foot roof terrace, and an eatery serving eclectic small plates. To keep out the riff-raff and the rowdy, guests must be over 21 and reserve with a credit card. Rooms: 75.
