Rapper Jay-Z has invested in a real estate venture called J Hotels that
has spent about $66 million for a Chelsea property and air rights. The
property at 510 West 22nd Street and 511 West 21st Street could be the
site of an upscale hotel. Partners Abram Shnay, his son Scott Shnay and
Charles Blaichman were involved in the Philip Johnson-designed Urban
Glass House in Tribeca.
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Jay-Z behind Chelsea venture
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