Excavation has begun at 150 West 48th Street in Midtown, site of 974-room hotel designed by Gene Kaufman Architect. The 330-foot-tall, 34-story project is being developed by Sam Chang of McSam Hotel Group, who purchased the lot for $140 million from Rockefeller Group in early 2019 and secured a $250 million construction loan. Rooms will occupy a total of 300,216 square feet, for an average of 308 square feet apiece.
The brick envelope of 292 Fifth Avenue is reaching the final stories of the 21-story mixed-use hotel. Designed by Gene Kaufman Architect and developed by Sam Chang, the project is located between West 30th and 31st Streets on the border of both Koreatown and NoMad. The property is set to yield 16 residential units and a hotel operated by Le Meridien.
Construction is currently underway on Sam Chang’s most recent hotel project in Midtown Manhattan. Located at 150 West 48th Street, the 34-story building will contain 974 guest rooms, ranking it among the largest hotels to debut in the city this decade.
The brick envelope is nearing the top of 292 Fifth Avenue, a new mixed-use hotel designed by Gene Kaufman Architect on the border of Koreatown and NoMad. Developed by Sam Chang, the 21-story project is located between West 30th Street and West 31st Street and is slated to house a Le Meridien hotel and 16 residential units.
Permits have been filed for a 34-story hotel building at 150 West 48th Street in Midtown, Manhattan. Located between Sixth Avenue and Seventh Avenue, the lot is steps from the 47-50 Streets Rockefeller Center subway station, serviced by the B, D, F, and M trains and the 49th Street station, serviced by the N, R, and W trains. Hotel developer Sam Chang of McSam Hotel Group is listed as the owner behind the applications, after paying $140 million to purchase the property earlier this year.