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Lam Group is one of the most prominent real
estate investment conglomerates in New York City that
specializes in the development of commercial, residential,
retail, hospitality and mixed-use properties predominantly in
New York City and across the United States.
Lam Group was founded by the Lam family in the
1970’s and is headed by CEO and Chairman, Mr. John Lam.
John
originally an immigrant from Hong Kong immigrated to the United
States and pursued the American dream, creating a name for
himself as a successful entrepreneur and New York City hotelier.
Prior to real estate, John started out in the fashion and
garment industry, first as a factory worker, then as a factory
owner and then as the President and now the Honorary President
of the Greater Blouse Skirt & Undergarment Association.
Various acquisitions and investment opportunities
in the real estate market lead Lam Group into the hotel
industry. Lam Group partnered with leading hotel companies
including Starwood Hotel & Resorts, Inc., Marriott
International, Inc., InterContinental Hotels Group (IHG), Hilton
Hotels Corporation and Wyndham Hotels & Resorts LLC.
Having come
from the fashion industry, Lam Group provides modern, stylish
and affordable hotel rooms to tailor the needs of consumers
while keeping the integrity of the brand.
Lam Group is regarded as one of the most
preeminent investors and developers in New York City through its
real estate investment, acquisition and development history. Lam
Group’s portfolio consists of over 50 development projects with
an additional 9 hotels underway.
The majority of the hotels are
located in Manhattan, the nation’s top rated and most coveted
real estate investment market.
Lam Group is one of the pioneering forces in the
growth of hotel businesses throughout New York City.
Developments have been built in areas such as SoHo, Chelsea,
Midtown and Downtown Brooklyn.
Lam Group will be one of the
major forces in reshaping
the NoMad neighborhood.
Lam Group’s core principles of creating value and
remaining discipline will continue to define the strength of New
York City’s hotel industry
and economy.
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