Cassa Hotel and Residences


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Solly Assa and Cassa Hotel and Residences (Credit: Billy Farrell/Patrick McMullan via Getty Images, Google Maps)

Troubled loan on Cassa Hotel residences in Times Square falls into delinquency

Borrowers across the country have started worrying about their ability to make mortgage payments while the coronavirus squeezes their...

Troubled loan on Cassa Hotel residences in Times Square falls into delinquency
Cassa Times Square owners withdraw plans for condo conversion

Cassa Times Square owners withdraw plans for condo conversion

UPDATED: Tuesday, Mar. 27 @ 6:00 p.m.: The owners of the Cassa Times Square Hotel are backing out of...

Cassa Times Square owners withdraw plans for condo conversion
Chetrit Group to convert rentals at Cassa Hotel and Residences into below-market condos

Chetrit Group to convert rentals at Cassa Hotel and Residences into below-market condos

The Chetrit Group plans to convert the Cassa Hotel and Residences at 515 Ninth Avenue to condominiums, an offering...

Chetrit Group to convert rentals at Cassa Hotel and Residences into below-market condos
Cassa Hotel and Residences

Cassa Hotel and Residences now leasing in Hell’s Kitchen

UPDATED, 10:30 a.m., May 28: Cassa Hotel and Residences in Hell’s Kitchen is now leasing, with Douglas Elliman Development Marketing...

Cassa Hotel and Residences now leasing in Hell’s Kitchen
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
HNA Property lands Massey Knakal’s first big loan

HNA Property lands Massey Knakal’s first big loan

Massey Knakal’s Capital Services division has lent HNA Property Holdings, a subsidiary of a Chinese airline, $80 million to...

HNA Property lands Massey Knakal’s first big loan
Cassa scraps Corcoran for Elliman to market penthouses

Cassa scraps Corcoran for Elliman to market penthouses

The Corcoran Group power broker Carrie Chiang is out as the listing agent for the three penthouses at Midtown’s...

Cassa scraps Corcoran for Elliman to market penthouses
Cassa Hotel to be purchased, rebranded

Cassa Hotel to be purchased, rebranded

PCCP has agreed to provide a $65 milion senior loan to finance a Chinese company’s acquisition and repositioning of the Cassa Hotel & Residences at...

Cassa Hotel to be purchased, rebranded
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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