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Manga Hotels Buys SoHo 54 Hotel From Lam Generation for $56M

Summary by Commercial Observer

Manga Hotels has purchased the 160-key SoHo 54 Hotel for $56 million, according to city records made public Thursday. Manga, through the entity Mango SoHo, bought the 19-story hotel at 54 Watts Street from Lam Generation, which used the entity SoHo 54, records show. Jeffrey Lam, founder and CEO of Lam, signed for the seller, while it was unclear who signed for the buyer. “Manga Hotels has had a presence in the U.S. since 2001, but this marks the…

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Commercial Observer

Manga Hotels Buys SoHo 54 Hotel From Lam Generation for $56M

Manga Hotels has purchased the 160-key SoHo 54 Hotel for $56 million, according to city records made public Thursday. Manga, through the entity Mango SoHo, bought the 19-story hotel at 54 Watts Street from Lam Generation, which used the entity SoHo 54, records show. Jeffrey Lam, founder and CEO of Lam, signed for the seller, while it was unclear who signed for the buyer. “Manga Hotels has had a presence in the U.S. since 2001, but this marks the…

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Commercial Observer broke the news in 3 days ago on Thursday, February 20, 2025.

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