Excavation Underway for Gene Kaufman’s 974-Room Hotel at 150 West 48th Street, in Midtown
Excavation has begun at 150 West 48th Street in Midtown, site of 974-room hotel designed by Gene Kaufman Architect. The 330-foot-tall, 34-story project is being developed by Sam Chang of McSam Hotel Group, who purchased the lot for $140 million from Rockefeller Group in early 2019 and secured a $250 million construction loan. Rooms will occupy a total of 300,216 square feet, for an average of 308 square feet apiece.