Luxury Boutique Hotel on New York City's "Hotel and University Club Row" The newly built Hotel Mela, located on 44th Street and Broadway Avenue, combines the rich culture and history of New York with the fine art of Italian living. The result is a refreshing departure from the sleek and hip boutiques that have consumed the New York hotel market in recent years. Hotel Mela, a luxury boutique property opened January 2007. Centrally located, the hotel is adjacent to Times Square, the Theater and Fashion districts, and in walking distance of the landmark Grand Central Terminal.