Work Wrapping Up on Pestana Hotel at 338 West 39th Street in Midtown
YIMBY last did an article on 338 West 39th Street back in August 2015. Sam Chang, a well-known hotelier in New York City, purchased the 50-foot-wide site for $22,500,000, though permits list Brarone Management as the developer behind the address. Stephen B. Jacobs Group is the designer of the 25-story hotel part of Pestana Hotels, a Portugal-base company. The site is located in Midtown, Manhattan between Eight and Ninth Avenues near a number of other hotel chains that have popped up in the past several years.