Developer Lightstone Group is building an 18-story 303 guestroom, Moxy Hotel at 145-151 Bowery in the lower east side of Manhattan in New York, NY. The $130 million project is being financed by MSD Partners LP and Lionheart Strategic Management LLC. The financing was arranged by Meridian Capital Group. Tao Hospitality Group will manage the hotel which will feature multiple food and beverage concepts. Stonehill Taylor is the project architect. Winston Fisher is chairman of Lionheart Strategic Management.