Noted hotel builder adds to asset sell-off string

Hotel development mogul Sam Chang’s divestment flurry continued recently with the sale of two of his McSam Hotel Group properties in New York City, 350 West 39th St. in the Garment District for $166 million and 100 Greenwich St. for $69 million. Chang’s previous downsizing deals included giving up majority ownership of the hotel at 525 Eighth Ave.