News and Links


04/01/2009

The Real Deal - New York Real Estate News

The Fairfield Inn New York Manhattan/Times Square South sold for $99.5 million. The hotel opened in February in a newly constructed building...


03/02/2009

The New York Observer - Times Square Blockbuster!

Hotel developer the Lam Group sold a limited-service, 33-story Garment District hotel located at 330 West 40th Street to a California buyer for $99.5 million. The purchaser of the Fairfield Inn New York Manhattan/Times Square South was Los Angeles-based...


03/02/2009

The Real Deal - Garment District hotel sells for $99.5M

The Los Angeles-based Gehr Development has paid $99.5 million for the Fairfield Inn at Times Square, part of the Marriott hotel franchise, according to city records. The hotel, at 330 W. 40th Street, is Fairfield's first...


03/02/2009

High Beam Business - Garment District hotel sells for $99.5M

Hotel developer the Lam Group sold a limited-service, 33-story Garment District hotel located at 330 West 40th Street to a California buyer for $99.5 million...


02/28/2009

HVS - 2009 Manhattan Hotel Market Overview

The following table sets forth an overview of major hotel sales transactions (defined as those with a purchase price in excess of $10 million) in Manhattan during the past nine years...


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