The Graystone hotel was acquired by THC through the SRO/Master Lease Program in May of 2004. The Graystone Hotel is a critical resource to serve the homeless population and provides 74 units of housing. Known as the jewel of the City’s homeless program, the Graystone’s Union Square location and unique architecture make it among our most prized leases.

The Hotel’s owner painstakingly restored the historic details and has maintained a skylight that is seen upward from the ground floor. Historically, the hotel had a secret staircase entrance from Maiden Lane to encourage clandestine activities. THC continues to maintain and upgrade this hotel to ensure residents have an affordable and safe place to live.