
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.”
- ◦Development