Solly Assa recently announced that he is launching ‘Cassa Hotel and Residence,’ the new $50 million New York City townhouse in the sky that he developed and owns. Assa is a prolific real estate developer with over 3 million square feet of assets across the United States and Mexico. As the leader of Assa Properties and with over two decades of experience, Assa is a legend in the industry.
The Cassa Hotel and Residence is the epitome of luxury and the quintessential New York City penthouse. Perfectly positioned amongst the top of the Midtown Manhattan skyline, the Cassa’s oversized windows frame dramatic 360-degree views of the city, including the Statue of Liberty and water on three sides.
The penthouse is an 8,300 square foot open concept dream for interior design enthusiasts as well as for anyone who appreciates the finer things. The Cassa’s impressive 20-foot tall ceilings paired with its city skyline views give the penthouse a unique sense of grandeur. Assa hired famous architects such as Enrique Norton of TEN Arquitectos as well as John Centra & Nancy J. Ruddy from CentraRuddy to lead the design for the penthouse because he wanted the home to feel lavish as well as unique. With 3.5 floors, 6 bedrooms, 7 bathrooms, and 3.5 powder rooms, the Cassa Hotel and Residence is as large as it is marvelous.
Of course, the penthouse is located in an ultra-luxury and ultra-private building including hotel-style amenities such as a gym, maid service, easy access to Butter (Food Network star chef Alex Guarnaschelli’s restaurant), and key-operated elevators for safety & privacy.
Boasting this level of luxury, it should come as no surprise that Assa’s Cassa Hotel and Residence is a popular residence for both A-list celebrities as well as international business moguls. The Cassa has hosted international pop star & businesswoman Rihanna, NYC-based rapper French Montana, current Yankee superstar Rougned Odor, as well as a handful of Princes from royal families in the Middle East. Assa’s uncanny ability to find affluent renters and buyers for the Cassa despite market trends due to his relationships and creativity is unparalleled.
With history of previous celebrity renters as well as major features in Vogue, Architectural Digest, GQ, Sky Manor, Wired, and Elle Decor magazines, the demand for Assa’s luxury townhouse in the sky is there.
With a commitment to innovating in the real estate development space and with his strong track record of success, whatever deal Assa closes for the Cassa Hotel and Residence next will surely send shockwaves throughout the industry. Currently asking $50 million, with Sebastian Lopera of Compass Real Estate as the listing broker, we will be following this listing closely.