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Home > Venture Pays $255Mln for Midtown Manhattan Hotel; Residential Conversion Planned

Venture Pays $255Mln for Midtown Manhattan Hotel; Residential Conversion Planned

December 23, 2025
in General News, Northeast

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Commercial Observer A venture of Slate Property Group and Breaking Ground has paid $255 million for the 611-room Stewart Hotel at 371 Seventh Ave. in Midtown Manhattan, with plans to convert it

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Tags: Slate Property Group Sioni Group New York City Hotel & Resort New York - NY Development/Construction (DEV) Northeast Regional Digest (NEDIG) Property Acquisitions (ACQ) More than $150 million

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