The hotel is adjacent to 195 Broadway, with which it shares the block, and is located across Church Street from the World Trade Center.

[8] Kalikow built The Millenium Hotel at a cost of $200 million[9] and it opened on June 10, 1992.

[10] Kalikow chose to intentionally misspell the name with one "n" as "Millenium" on the outdoor signage and official literature, even though the correct spelling of the English word is "millennium", in order to make the name more distinctive.

Kalikow Fulton Church Realty sold the Millenium Hotel to Singapore-based City Developments Limited (CDL) in June 1994, for $75 million.

[14] Amateur video recorded by a guest at the 35th floor of the hotel on that day shows the proximity of the destruction, as well as initial directives from staff to shelter in place before the building was evacuated.