PASHA Real Estate Group, a part of PASHA Holding, has announced
a strategic investment partnership with U.S.-based developer Nolan
Reynolds International (NRI) and long-term partner Kerzner
International, owner and operator of ultra-luxury resort brand,
One&Only, to develop a new destination resort in New York’s
Hudson Valley.
Strategic Entry into the United States
The Hudson Valley project marks a key milestone in PASHA Real
Estate’s international growth strategy and represents the Group’s
first investment in the United States market. The development
reflects PASHA Real Estate’s long-term vision to build a globally
diversified portfolio anchored by iconic destinations,
best-in-class operators, and institutional partnerships.
The project will comprise a One&Only resort featuring 61
cabins, rooms, and suites, alongside 54 branded Private Homes,
developed on an 8.5-hectare site owned by the Culinary Institute of
America (CIA) – one of the world’s most prestigious culinary
institutions. Located just 90 minutes from Manhattan and
overlooking the Hudson River, the resort is planned to open in
2028.
Wellness, Culinary, and Nature-Led Resort
Concept
Conceived as a wellness-driven, experiential destination, the
resort integrates culinary excellence and longevity-focused
wellbeing within a rare natural setting. Culinary programming will
be delivered in collaboration with the Culinary Institute of
America, featuring chef residencies, masterclasses, and
farm-to-table experiences. Wellness and longevity offerings will be
provided in partnership with Clinique La Prairie, introducing
bespoke programs focused on prevention, vitality, and long-term
wellbeing.
Situated 150 kilometres from New York City, the resort occupies
a protected, low-density landscape adjacent to the CIA campus and
near Home of Franklin D. Roosevelt and the Vanderbilt Mansion
National Historic Sites. The location offers a unique balance of
privacy, natural beauty, and direct access to Manhattan.
A Signature Addition to PASHA Real Estate’s
Portfolio
The One&Only Hudson Valley development brings together a
globally iconic hospitality brand, a premier culinary institution,
and a world-class wellness partner. Positioned as a flagship
hospitality asset, the project is designed to set a new benchmark
for ultra-luxury resort living in the United States and further
strengthen PASHA Real Estate’s international portfolio.
Project partners
PASHA Real Estate
pasharealestate.az
PASHA Real Estate Group, a part of PASHA Holding, specializes in
the investment, development, strategic management, and operation of
high-quality real estate assets. With operations across Azerbaijan,
Turkey, Georgia, Uzbekistan, and Montenegro, the Group manages a
diversified portfolio that includes luxury hotels, world-class
resorts, commercial properties, shopping malls, premium residential
projects, and mixed-use developments. Guided by a long-term
investment approach and a commitment to excellence, PASHA Real
Estate Group continues to expand internationally, creating
sustainable value and redefining industry standards across global
markets.
Nolan Reynolds International
nrinternational.com
Nolan Reynolds International (NRI) is a Miami-based real estate
development firm specializing in large-scale government
infrastructure, private mixed-use developments, and luxury
hospitality projects. With a development portfolio exceeding USD 6
billion, NRI brings extensive expertise in complex, high-value
developments across the United States and international
markets.
One&Only
Oneandonlyresorts.com
The pinnacle of ultra-luxury design, authentic experiences and
genuine hospitality, One&Only is an exceptional collection of
one-of-a-kind resorts and private homes located in the world’s most
inspiring destinations. Designed in harmony with nature and
immersed in local culture, each remarkable, one-off resort has its
own distinct narrative and charisma. The exclusive collection
includes destinations across the world, from Greece and Mexico, to
Mauritius and Rwanda, with future resorts in Big Sky, Montana (USA)
and Half Moon Bay, Antigua. One&Only Private Homes are
currently available to purchase in Mauritius, Mexico, Montenegro,
Montana (USA), Greece, and Dubai (UAE).
Kerzner International Holdings Limited
Kerzner.com
Kerzner International through its subsidiaries, is a leading
international developer and operator of destination resorts,
ultra-luxury hotels and residences and innovative entertainment and
hospitality experiences. Kerzner’s flagship brand Atlantis includes
Atlantis, The Palm and Atlantis, The Royal Resort & Residences,
both in Dubai and Atlantis, in Sanya Hainan, China. Under the
One&Only brand, Kerzner manages some of the most top-rated
ultra-luxury resorts in the world, located in Greece, Montenegro,
Mexico, Mauritius, the Maldives, South Africa, Dubai, Rwanda and
Malaysia. Kerzner’s newest hospitality brand is SIRO, the ultimate
hotel for an active lifestyle. The first SIRO is open at SIRO One
Za’abeel in Dubai, with additional hotels announced in Montenegro,
Saudi Arabia and Mexico. Rare Finds, a collection of resorts that
celebrates the essence of a place and authentic, soulful
experiences, launched in February 2023 with the re-opening of Bab
Al Shams in Dubai. For more information on our brands, please
visit: atlantis.com, oneandonlyresorts.com,
sirohotels.com, and
www.rarefindsresorts.com.
