354 West 40 Street
Garment District, Manhattan
Parcel ID (BBL): 1007630067
Owner: Mcsam Hotel Group
Debt: December 14, 2023, $120 million
Built: 2014
SF: 200,590
Dwelling units: 0
No. of buildings: 1
Class: Luxury Type – Built After 1960 (H2)
Floors: 35
Transactions:
• McSam Hotel Group borrowed $120 million from Deutsche Bank for 346-354 West 40th Street, Garment District, Manhattan on December 14, 2023.
• McSam Hotel Group borrowed $210 million from UBS Bank for 346 West 40th Street, Hudson Yards, Manhattan on December 02, 2019.
Development:
• McSam Hotel Group filed new building job 121185216 for 177,581 sqft R-1 building with 612 apartments in Garment District, Manhattan, on March 21, 2014.
• Charles Hack filed alteration job M01366689 for building in Garment District, Manhattan, on March 03, 2026.
• Charles Hack filed alteration job M01152821 for building in Garment District, Manhattan, on December 09, 2024.
• Sam Chang filed alteration job 122926806 for R-1 building with 612 apartments in Garment District, Manhattan, on October 26, 2016.
• Sam Chang filed alteration job 122856221 for R-1 building with 612 apartments in Garment District, Manhattan, on August 18, 2016.
• Sam Chang filed alteration job 140494043 for R-1 building with 612 apartments in Garment District, Manhattan, on May 11, 2016.
Violations:
According to city public data, the properties have received $1,250 in ECB penalties and $6,825 in OATH penalties in the last year.