Sela Group Portfolio
Pioneering the real estate industry, Sela Group is known for acquiring, creating and developing unique mixed-use projects that capitalize on the market dynamics of each location, approaching each deal with limitless vision and creativity. A hands-on, high-level attention to transaction details and an exclusive focus on national and international market places, distinguishes the firm from its competitors resulting in the creation of unique and value-oriented transactions.
Paper Factory Hotel
- Converted 86,000sf warehouse to 125-room chic hotel
- Acquired in 2012, Completed in 2013 and sold in 2019 to Collective Co-living
- Pioneer project for neighborhood
- Unique design vision, creative vibe, and world-class amenities
LIC Hotel 27th Street
- 45,000 sf, 76-key boutique hotel in the heart of Long Island City
- Took over project that was stalled for ten years
- Within there months completed superstructure, building envelope and mechanical systems and fast-tracked completion
- Projected completion: Completed
Morellino Harlem Condo Conversion
- Creative adaptive reuse project and conversion to 31 residential condos in the heart of Harlem
- Fast-tracked construction schedule
Mixed use: 29 Ryerson, Brooklyn Navy Yards
- Scale - 190,000sf to be expanded to 225,000sf
- 374 boutique hotel rooms with penthouse suites on top three floors of new addition
- Located in designated Opportunity Zone census tract
- Projected completion: August 2022
