To Slash or Not To Slash

Born & Drukier have trumpeted the fact that they have achieved the Chelsea’s high occupancy rate without slashing rates.  But on the Chelsea Hotel website we see once again that they are advertising rooms for the bargain basement price of $119.00  a night, which I probably don’t need to tell you, is the lowest seen at the Chelsea in quite a few years.  So who are they trying to fool, The Post and the public at large, or only prospective guests?  We can’t help noticing that the $119 rate is “subject to availability,” so maybe it’s just never available.