HOTEL
Hotel development & management
SUMMARY
2005 to PRESENT
Started hotel construction and management company on Jan 2005. Successfully completed 6 hotels, East Houdson Hotel, Verite Hotel, and Midtown West Hotel and Orchard Street Hotel, 36 Hudson Hotel, Hudson River Hotel.
NOW IN OPERATION
CASAMIA 36
HOTEL
The project is to acquire a buildable 20,569 SF of commercial development site to construct a high-rise boutique hotel which plans to consist 62 guest rooms in 17 stories. A ground floor cafe, a cellar restaurant and a rooftop lounge will be included.
449 W 36TH ST, NEW YORK NY 10018
SMA Group NYC is New York based company that develop and manage in trendy boutique hotel.
Successfully completed 6 hotels, East Houston Hotel, Verite Hotel, and Midtown West Hotel and Orchard Street Hotel, 36 Hudson Hotel, Hudson River Hotel.
Completed Projects | 2007
EAST HOUSTON HOTEL
151 EAST HOUSTON ST, NEW YORK, NY 10002
Completed construction of 42 keys boutique hotel in LES, NY. Located at 151 East Houston Street, 7 story
property including roof top garden and cafeteria in basement. Development Cost: $11M.
Opened to public Aug 2007. Sold 19M 2017.
Completed Projects | 2014
MIDTOWN WEST
HOTEL
303 WEST 30ST,
NEW YORK, NY 10001
Completed renovation of 4 story building converting SRO to Hotel. Added new steel stair as well as new guest rooms. 33 Guest Rooms including retail store front. Development Cost: 3M. Opened to public May 2014.
Currently Owned business. Business Value: 8M.
Completed Projects | 2015
ORCHARDSTREET
HOTEL
163 ORCHARD ST,
NEW YORK, NY 10002
Completed new hotel with 52 guest rooms and rooftop garden with bar lounge. Started from demolition,
excavation, and foundation to build up 11 story building. Development Cost: 12M. Project completed on Feb
2015. Sold 24M upon TCO approval.
Completed Projects | 2015
157 W 24th HOTEL
157 W 24TH ST,
NEW YORK, NY 10004
Purchased 4 story development property located on Chelsea. Development plan with 77 guest room
submitted to NYC DOB. Estimated total development cost is 24M. Projected exit value when stabilized is
$37.9M. Currently owned property.
