Hennick Group Buys Chambers Hotel for $66M

Richard Borns firm sold the Chambers Hotel in Midtown Manhattan for $66 million to the Hennick Group, marking a significant real estate transaction. The hotel, originally a parking lot, was transformed into a 77-room property in 2021. Despite Sonders collapse, the hotels commercial space will remain occupied by Felice 56. The Hennick Group, a family office with investments in Colliers International and FirstService, now owns the prime New York City location. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/51851095a2ad52d6