225 West 46 Street
Times Square, Manhattan
Parcel ID (BBL): 1010180016
Owner: Mcsam Hotel Group
Acquired: October 17, 2019, $25.2 million
Debt: August 19, 2026, $42 million
Built: 2021
SF: 61,892
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built After 1960 (H2)
Floors: 21
Transactions:
• McSam Hotel Group borrowed $42 million from Webster Bank for 223 West 46th Street, Times Square, Manhattan on August 19, 2026.
• McSam Hotel Group borrowed $35 million from State Bank of Texas for 223 West 46th Street, Times Square, Manhattan on February 17, 2023.
• McSam Hotel Group borrowed $15 million from Silver Point Capital for 223 West 46th Street, Times Square, Manhattan on June 17, 2021.
• Solil Management sold 223 West 46th Street, Times Square, Manhattan for $25.2 million to McSam Hotel Group on October 17, 2019.
Development:
• McSam Hotel Group filed new building job 121205668 for 48,726 sqft R-1 building with 159 apartments in Times Square, Manhattan, on June 28, 2019.
• Sam Chang filed alteration job M00951719 for 1 sqft building with 0 apartments in Times Square, Manhattan, on November 08, 2023.
• Sam Chang filed alteration job M08018026 for 41 sqft building with 0 apartments in Times Square, Manhattan, on October 11, 2022.
• Sam Chang filed alteration job M00591252 for 200 sqft R-1 building with 170 apartments in Times Square, Manhattan, on September 10, 2021.
• Wayne Warner filed alteration job M00475926 for 64,012 sqft building with 170 apartments in Times Square, Manhattan, on March 04, 2021.
• Wayne Warner filed alteration job M00475927 for 64,012 sqft building with 170 apartments in Times Square, Manhattan, on February 25, 2021.
Violations:
According to city public data, the properties have received $192 in OATH penalties in the last year.