Chang picks up LI hotel.Laurence Ross, a sales broker of the Platinum Team at Besen, announced the sale of the Gold Coast Hotel, located at 1053 Northern Boulevard in Roslyn, Long Island for $5.6 million to Sam Chang of McSam Hotels. This three story 56 unit hotel, situated on a main artery in what's known as the historic gold coast on the north shore of Long Island, is less than an 1/8 of a mile from the famed Manhasset Miracle Mile Miracle Mile can refer to the following places:
n. A restaurant that specializes in beefsteak dishes. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ross, "The property is situated on the most expensive retail strip of Long Island where property values and rents have soared over recent years." Built in 1968, the hotel has over 125' of frontage and offers great visibility in a high traffic location. There is ample parking with an adjacent lot for further expansion. Ross added. "The hotel, which seemed to be underperforming in an area with a dearth of hotel rooms and strong demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. , should capitalize off of new office construction in the area and a demand for quality hotel accommodations." Ross represented both buyer and the seller, long time owner Roslyn Motel LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . |
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