95% complete hotel in downtown Brooklyn going into bankruptcy.
95% complete hotel in downtown Brooklyn going into bankruptcy. – 100 rooms– Valued at $29.5 million– $34M senior loan default– $3.5M subordinate construction loan– $3M mechanic’s liens@somehotelguy whats your thoughts? pic.twitter.com/F5P1nXpJ8s — Eli Lever (@aussieflya) June 5, 2023 It's setback …