Investors make offers on Toby Moskovits’ Williamsburg Hotel: report

The Williamsburg Hotel might get a new owner. Two companies, including Brookfield Property Partners, have made offers on Toby Moskovits’ eight-story, 150-key hotel, according to Commercial Observer. The highest offer prices the property, at 96 Wythe Avenue, at $135 million. There is no formal bidding process taking place, and Moskovits has said she is not looking to sell the hotel. Moskovits’ company Heritage Equity Partners bought the site for $4.85 million in 2012, and Benefit […]

from The Real Deal New York https://ift.tt/2Oc4PFn

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