150 West 48th Street.
NEW YORK CITY- Hotelier Sam Changhas acquired an assemblage of development parcels with varying airrights and sizes at 148-166 West 48th St., formerly referred to as150 West 48th St, in Midtown Manhattan. Jones Lang LaSalle marketedthe property and arranged the transaction.
"150 West 48th Street is anextremely rare opportunity for a development of this magnitude inthe midst of Midtown Manhattan," Knakal said. "Combined with theflexible zoning regulations that allow a unique mixed-use project,this project promises to leave a lasting impression on thecity."
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
