The Innside New York NoMad, a 313-room hotel on West 27th Street, quietly changed hands this week in a Manhattan deal that signals investors are still plenty interested in New York City hotels. Published accounts put the headline price in the low $200 millions, while public filings show a slightly higher recorded transfer. Either way, it is a sizable operator-backed sale. The property, which opened in 2016, will stay under the INNSiDE flag while the ownership lineup shifts behind the scenes.
According to New York Business Journal, the hotel sold for about $203 million and was acquired by Meliá Hotels International or an affiliate. The outlet notes that the 21-story building, with its 313 guest rooms, was developed by an Artimus-linked group that completed the project in 2016. The Business Journal frames the deal as part of Meliá’s ongoing push to grow its U.S. footprint under the INNSiDE banner.
Property-record filings highlighted by The Real Deal show a recorded transfer of roughly $208 million on June 5, naming Innside Ventures LLC as the buyer and an Artimus-related entity as the seller. Gaps between a reported sale figure and a recorded transfer number are routine in commercial deals and can reflect seller credits, closing adjustments or how a transfer is logged for tax and public-record purposes. The Real Deal pointed out that the Innside trade was the largest commercial sale to hit city records that day…