fyi -- i found some news on the wired new york forum about the restaurant going into the hotel gansevoort in the meatpacking. here's the quick clip:
"Hotelier Henry Kallen (also of the Library and Giraffe hotels) will independently operate the hotel. It will feature Barlotti, a three-tiered Italian bar/restaurant with a covered dining terrace."
below is the link to the article. it's a good site for following the various projects going on around town.