Even in this down market, the folks behind the Gansevoort Hotel group are not happy just sitting on the sidelines and hoping they make it through. Yesterday, they announced plans to enter into third party management ventures for three new hotel properties, including Gansevoort Turks & Caicos. According to the press release, the new Gansevoort will be "a 91-room luxury property developed by Apollo Development Company. Located on the western section of Grace Bay Beach, the property boasts expansive beachfront along reef-protected ocean waters." Sounds lovely. And for those who love fine dining, the new venture will also feature Bagatelle Bistrot and Beach Club, serving up a slice of Meatpacking District Italian fare, a bumping Saturday brunch scene, and if we are all lucky, another branch of Kiss and Fly. After getting this puppy off the ground, Gansevoort will then move on to Chicago and Toronto.