Kevin Foley, long time Bourse Chairman for the New YorkInternational Numismatic Convention has announced date and sitecommitments for the event through 2022. Foley said, "As probablyeveryone knows who has a smartphone, reads the newspapers orwatches television news broadcasts, our home since 2012, theWaldorf Astoria Hotel, has been purchased by the Anbang InsuranceCompany, a risk management firm located in China. The acquisitionprice was 1.9 billion dollars, a world record for a single hoteloperation. The new ownership group announced a few months agothat in the Spring of 2017 the Waldorf would be shutting down fora three year renovation project that would see it reemerge asluxury condominiums and a downsized 300-500 room ultra-luxuryhotel. Although this will not affect our 45th Annual NYINC, withbourse dates of January 12-15, 2017, we obviously will need tohold our event somewhere else in 2018 and beyond."

Foley continued, "After an intensive site search and detailedevaluation of multiple hotel properties in Manhattan, I'm bothpleased and excited to announce that beginning in 2018, our newhome will be a flagship property of the Hyatt Hotel chain, theGrand Hyatt, located at 109 East 42 nd Street, between Lexingtonand Park Avenues. The Hyatt is just seven blocks South of ourWaldorf site and enjoys a direct indoor connection with GrandCentral Station, a subway and regional commuter train hub, withno less than six different subway line stops, as well as beingthe terminus for the Metro North commuter train system. What weare especially pleased about, however, quite beyond this ease ofaccess and the undeniable luxury of the Hyatt, is the fact thatwe will no longer need to operate on the same dates as the FUNshow bourse".

Foley also said, "I know that some people tried to portray ourfrustratingly perennial date overlaps with FUN as some sort oftest of wills between the two events, but the past date conflictssimply arose from the realities of date and site availabilityissues that the management of both events were confronted with.So, for the next six years, including our upcoming 2017convention, members of the numismatic community will be able totake part in both FUN and NYINC.

Rick Ponterio, President of the NYINC, joined with Foley inmaking the announcement and said. "In even more good news, theballroom facilities at the Hyatt will enable our bourse dealersto all be in the same room. I know that our four separate bourseroom setup at the Waldorf was somewhat unconventional, but peopledid get used to it and it worked, although I'm really glad thatour entire bourse will be in one ballroom at the Hyatt. We'llalso have more than ample space for our multiple auction lotviewing areas and eight days and nights of auctions. I just feelreally ramped up about what a positive development for everyone,booth holders, early birds and collecting public our move to theHyatt will prove to be".

For more information, see:
www.nyinc.info