Sam Chang plans 18-story Midtown West hotel

McSam Hotel Group to erect Comfort Inn or Days Inn on warehouse site

Mar.March 31, 2014 02:10 PM

The McSam Hotel Group is looking to build an 18-story, 80-room hotel – either a Comfort Inn or a Days Inn – in Midtown West, company head Sam Chang confirmed to The Real Deal.

Chang’s partner Dun Zhang at McSam filed plans with the Department of Buildings late last week to demolish the four-story, 9,500-square-foot warehouse currently on the site at 337 West 36th Street, between Eighth and Ninth avenues. Construction is slated to begin six months from now, at the earliest, Chang said in a phone interview from China.

“I made a promise that before I retire that I would sure make sure everybody owns part of a hotel,” Chang said, referring to Zhang and other partners.

Chang, who expects to have a reduced role with this project, said last year he intends to retire sometime this year. He has not, however, yet set a retirement date.

McSam, which is based in Great Neck, N.Y., bought the property for $7.2 million from Kozani Properties in October, records show.

Last week, Chang also filed plans to build a 594-room hotel on a parking garage site at 346-354 West 40th Street. In addition, earlier this month, he sold a five-story commercial building at 12 Water Street to Rhode Island-based Magna Hospitality Group for $44.3 million.

Related Articles

Scott Rechler and clockwise from top left: 2455-2457 Third Avenue, 150 West 48th Street and 42-11 9th Street (Credit: Google Maps, Getty Images)

RXR’s Long Island City development was the biggest new project filed in December

150 West 48th Street and Sam Chang (Credit: Google Maps and iStock)

What retirement? Sam Chang files plans for Midtown hotel

A rendering of 450 11th Avenue with David Marx of Marx Development Group (left) and 350 West 39th Street with Sam Chang (Credit: DSM Design Group and Gene Kaufman Architect)

Manhattan’s biggest hotel project this year? It’s a tie

Sam Chang and 150 West 48th Street (Credit: Google Maps)

Sam Chang lands $250M loan for Midtown hotel project

From left: Sam Chang, 52 William Street and New York Hotel & Motel Trades Council's Peter Ward (Credit: Google Maps)

Cuomo goes after Sam Chang as union drama unfolds

Sam Chang and 40 West 45th Street (Credit: Google Maps)

Sam Chang hit with $2M suit over Club Quarters hotels

Sam Chang and 40 West 45th Street (Credit: Google Maps and iStock)

Sam Chang can now purchase 160 elite racing pigeons

Sam Chang with 62 Mulberry Street in Manhattan and 37-30 Review Avenue in Long Island City (Credit: Google Maps)

Here’s what the $10M-$20M NYC investment sales market looked like last week