solly assa


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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 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...

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...

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...

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 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...

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 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 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...

Prodigy replaces Marketing Directors at Cassa

In a bid to attract more foreign buyers, the developer of Midtown condominium-hotel Cassa has hired brokerage Prodigy International...

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