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New York & Tri-State  + Downtown New York  + Hospitality  | 
Kasa Living, Inc., a flexible accommodations brand and operator, partnered with Delshah Capital to open a location on Manhattan's Lower East Side

Kasa Living Partners with Delshah Capital on Lower East Side Location

Kasa Living, Inc., a tech-enhanced, flexible accommodations brand and operator, is opening Kasa Lantern LES on Monday. New York-based Delshah Capital owns the property, which it acquired in 2021. 

Situated on Manhattan’s Lower East Side, Kasa Lantern LES will bring 20 new Kasas to 120 Allen St., a recently constructed “aparthotel” designed by New York City design firm Grzywinski+Pons to pay homage to the neighborhood’s tenement block origins. 

“The Lower East Side has long been one of New York’s most vibrant and youthful neighborhoods, and a beacon for the modern traveler,” said Roman Pedan, founder and CEO of Kasa. “We’re enthusiastic for the chance to showcase our brand of tech-enabled hospitality in such an exciting and dynamic location.” 

Added Michael Shah, CEO of Delshah Capital, “Given the continued rise in digital nomads and remote working, Kasa’s flexible residential operating model is a great fit for Manhattan’s hip Lower East Side.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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