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Hotel Shuffle

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October 27, 2005 | 9:05 a.m.

The Sheraton Russell, at the corner of 37th Street and Park Avenue, is slated to close next month in preparation for demolition so that SJP Properties, of Parsippany, N.J., can develop a 21-story condominium at the site. But Assembly member Dick Gottfried, the Historic Districts Council and Community Board 6 are trying to get a hearing in front of the Landmarks Preservation Commission before then to see if they can get the building, built in 1922, landmarked. They sent a letter asking for just that to the L.P.C. earlier this week. SJP bought the bought the building late last year for $40 million. -Matthew Grace

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