Heritage Equity Partners plans 144-hotel in Bushwick

Toby Moskovits' firm bought the land for $28 million in December

TRD New York /
May.May 28, 2015 11:13 AM

For the third time in two weeks, a developer is counting on Bushwick’s future as a tourist hot spot.

Toby Moskovits’ Heritage Equity Partners filed plans with the city Thursday to build a 144-key hotel at 232 Seigel Street, located between Bushwick Avenue and White Street.

The proposed 10-story building is less than a mile away from Yoel Goldman’s All Year Management’s upcoming 112-key hotel at 71 White Street. A day before Goldman filed his plans on May 21, Riverside Developers — who are also behind the William Vale Hotel at 55 Wythe Avenue in Williamsburg — proposed a 140-key hotel at 27 Stewart Avenue, also in Bushwick.

Heritage Equity is proposing a 97,345-square-foot hotel that will include a gym and a restaurant. Morali Architects is the architect of record.

The Brooklyn-based developer bought the vacant site — as well as 15 other parcels on Seigel and Moore streets in the neighborhood — for $28.2 million last December.

Moskovits sued Goldman earlier this year over two projects — in which Goldman invested — that she alleged were in “imminent peril,” as The Real Deal reported. Goldman and Moskovits partnered on a $17 million development site in Long Island City.

Moskovits couldn’t immediately be reached for comment on Thursday morning.


Related Articles

arrow_forward_ios
Toby Moskovits, Fortress managing director Spencer Garfield and the 215 Moore Street Site (Moskovits by Sasha Maslov)

Toby Moskovits’ Bushwick Generator thrown into receivership

Toby Moskovits’ Bushwick Generator thrown into receivership
1300 Flushing Avenue (Google Maps)

Bushwick office building trades for $44M, sign of life for i-sales market

Bushwick office building trades for $44M, sign of life for i-sales market
From left: 417 Suydam Street and 818 Woodward Avenue (Credit: Google Maps)

Sellers used pandemic, Passover to default buyer: lawsuit

Sellers used pandemic, Passover to default buyer: lawsuit
Taxes would rise for owners of Manhattan mansions and penthouses, but the biggest shock would be on homeowners in Brooklyn neighborhoods (Credit: Pixabay)

City’s property tax overhaul would increase burden for single-family homeowners

City’s property tax overhaul would increase burden for single-family homeowners
The Williamsburg Hotel at 96 Wythe Avenue and from top: Benefit Street Partners' managing director Micah Goodman, receiver Constantino Sagonas and Heritage Equity Partners’ Toby Moskovits (Credit: Google Maps)

Williamsburg Hotel dispute escalates as pandemic raises stakes

Williamsburg Hotel dispute escalates as pandemic raises stakes
Caught up in a dozen recent lawsuits, Brooklyn developer Toby Moskovits blames her firm’s debt troubles on “collusion” and a “personal vendetta” (Illustration by The Real Deal; Moskovits by Sasha Maslov)

Creditors are banging on Toby Moskovits’ door

Creditors are banging on Toby Moskovits’ door
Heritage Equity Partners Toby Moskovits and Michael Lichtenstein

Lawsuit: Toby Moskovits, Michael Lichtenstein owe investor $3M

Lawsuit: Toby Moskovits, Michael Lichtenstein owe investor $3M
From left:  Council member Rafael Espinal, Mayor Bill de Blasio and Council member Antonio Reynoso (Credit: Getty Images, iStock)

Bushwick rezoning impasse puts de Blasio’s housing plan at risk

Bushwick rezoning impasse puts de Blasio’s housing plan at risk
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...