Jay-Z is launching a chain of five star hotels.
The rap entrepreneur recently purchased land in Manhattan's upmarket Chelsea neighborhood for $66 million through his company, J Hotels.
And now Carter and his business partners, Charlie Blaichman and Abraham and Scott Shnay, have announced their plans for the luxury buildings.
The Manhattan spot will be the firm's flagship location, with the aim of expanding the chain -- to be named after the company -- across the country.
