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Salim “Solly” Assa and the Mave Hotel at 62 Madison Avenue (Getty, Google Maps)

Solly Assa delinquent on Mave Hotel loan

UPDATED, April 23, 2021, 11:40 a.m.: Salim “Solly” Assa is facing new troubles at the Mave Hotel in NoMad. The $19.5 million loan on the 72-key hotel at 62 Madison Avenue has been sent...

Solly Assa delinquent on Mave Hotel loan
Cassa penthouse trio combined into one mega-unit

Cassa penthouse trio combined into one mega-unit

Assa Properties is switching strategies in the marketing of its Cassa Hotel and Residences once again, repackaging the three...

Cassa penthouse trio combined into one mega-unit
Anglo sues Assa over $18.5M 8th Ave. default

Anglo sues Assa over $18.5M 8th Ave. default

Anglo Irish Bank filed a foreclosure suit against Assa Properties, alleging the Manhattan-based developer defaulted on an $18.5 million...

Anglo sues Assa over $18.5M 8th Ave. default
Cassa hotel portion in contract for $130M

Cassa hotel portion in contract for $130M

Assa Properties has inked a “binding” contract to unload the hotel portion of its bankrupt Cassa Hotel and Residences for $130 million, the developer announced today. Assa said the proceeds will be used to...

Cassa hotel portion in contract for $130M

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