solly assa


The Latest

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
Solly Assa agrees to a record $1.2M settlement over illegal hotel claims

Solly Assa agrees to a record $1.2M settlement over illegal hotel claims

A landlord accused of running an illegal hotel out of his Midtown apartment building agreed to pay $1.2 million,...

Solly Assa agrees to a record $1.2M settlement over illegal hotel claims
Solly Assa and the MAve Hotel

Alleged illegal hotel operator sued by former partner

Things seem to be going from bad to worse for hotel developer Salim “Solly” Assa. Assa is already facing...

Alleged illegal hotel operator sued by former partner
City pays NoMad hotel owner to house homeless, sues owner for allegedly shady business

City pays NoMad hotel owner to house homeless, sues owner for allegedly shady business

Call it having your cake and suing it too? The city is paying thousands of dollars a month to house...

City pays NoMad hotel owner to house homeless, sues owner for allegedly shady business
Solly Assa-linked group sanctioned over retaliatory lawsuit

Solly Assa-linked group sanctioned over retaliatory lawsuit

A Manhattan Supreme Court judge sanctioned an investment group linked to Salim “Solly” Assa after it filed what the...

Solly Assa-linked group sanctioned over retaliatory lawsuit
Mansfield Hotel

Ark Partners looks to block Mansfield lease termination

Ark Partners have asked a Manhattan Supreme Court judge to block the termination of the ground lease at the...

Ark Partners looks to block Mansfield lease termination
Ark Partners keeps cashing in on Midtown in $60M deal

Ark Partners keeps cashing in on Midtown in $60M deal

Solly Assa’s Assa Properties has paid $60 million for two adjacent Midtown rental buildings owned by Ark Partners, city...

Ark Partners keeps cashing in on Midtown in $60M deal
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
Cassa condo-hotel files for bankruptcy

Cassa condo-hotel files for bankruptcy

The developer of the Cassa NY Hotel and Residences near Times Square has filed for bankruptcy protection for the project, citing legal battles that have made it difficult to move units. According to the...

Cassa condo-hotel files for bankruptcy
Cassa owner sues construction firm for $30M

Cassa owner sues construction firm for $30M

Waterscape Resort, the owner of the new, 50-story Cassa Hotel and Residences — at 66-70 West 45th Street in Midtown — is suing construction firm Pavarini McGovern for $30 million, alleging that the firm...

Cassa owner sues construction firm for $30M
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...