The owners of the Cassa Times Square Hotel appear to be backing out of an initial plan to convert the 12-story building to condominiums, according to a withdrawal filed with the New York State Attorney General’s office last month. A trio of investors, consisting of Chetrit Group, Assa Properties and Read Property Group, had planned 108 below-market apartments at the 515 Ninth Avenue address. Representatives for all three companies did not return requests from comment […]
source https://therealdeal.com/2018/03/27/cassa-times-square-owners-withdraw-plans-for-condo-conversion/
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