"Nine Orchard opened in 2022, a hotel from operator Andrew Rifkin, a managing partner at DLJ Real Estate Capital Partners. It is a landmarked former bank circa 1912, originally rumored to be an Ace Hotel, the New York Times reported. The hotel is one of the biggest real estate deals in the area that has expedited gentrification and the transition of the border of Chinatown and the Lower East Side to “Dimes Square.” Rifkin is involved in several other real estate deals in the neighborhood." - Emma Orlow