Sam Chang of McSam Hotel Group has purchased a property at 397-401 East 8th Street for $4.9 million, site unseen. McSam plans a six-and-a-half-story residential condominium. Eastern Consolidated’s Alan P. Miller represented the seller, Key Food owner Sam Obeid. Eastern’s Charlotte Fu represented Chang. The deal was arranged “virtually in minutes over the telephone,” according to a press release. TRD
McSam buys East Village property site unseen
November 15, 2007 10:57AM
