Atlas Hospitality
People:
Atlas Hospitality NYC portfolio
$135 million -mixed-use 59%, hotel 40%; Manhattan 100%*
1247th largest portfolio by dollar value
84,760 sqft – hotel 64%, mixed-use 35%; Manhattan 100%
2618th largest by SF
2 properties – Manhattan 100%
3630th largest
Company Activity past 24 months:
Borrower company: 1 for $41.5 million
Top Ten Associated Companies:
Top Ten Associated People:
John Grassia (1)
Recent activity as company:
• Atlas Hospitality borrowed $41.5 million from Bank of America for 120 Water Street on January 30, 2024.
• Atlas Hospitality and Flintlock Construction borrowed $120 million from Beach Point Capital Management for 715 7 Avenue on June 29, 2023.
• Edmund A. Schwesinger Jr., Dorothy Daniel, Alan W. Daniel and Helen E. Shworles ground leased 715 7 Avenue valued at $58.9 million to Atlas Hospitality on November 22, 2022.
• Atlas Hospitality for Raj Guru filed plans for new building for 135,363 sqft in Times Square, Manhattan, on April 28, 2021.
• Atlas Hospitality for Raj Guru filed plans for new building for 44,773 sqft in Financial District, Manhattan, on December 22, 2014.
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