Downtown Brooklyn Hyatt plan in doubt

TRD New York /
Aug.August 04, 2010 11:30 AM

Two vacant, adjoining lots in Downtown Brooklyn are on the market, as a plan to build a Hyatt Place Hotel there has yet to materialize, according to the Brooklyn Eagle. The lots at 32-40 Nevins Street are being marketed for $5 million, according to a listing on the Massey Knakal Realty Services website. Buildings had been demolished there to make way for the planned 176-room hotel, which was slated to open in the first quarter of 2011. Gary Wisinski, a spokesperson for the McSam Hotel Group, said that his company hasn’t dropped its plan to build on the site, despite the fact that it’s listed for sale. “Our properties are always for sale,” Wisinski said. “We are a merchant developer, a company that builds buildings and then sells them.” Wisinski said that the Downtown Brooklyn hotel is still in the cards, and that McSam plans to break ground “when we have the money.” [Brooklyn Eagle]

 

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