UPDATED, May 17, 11:20a.m.: Eli Karp’s Hello Living plans to build a 100-key hotel at 291 Livingston Street in Downtown Brooklyn, a permit application submitted to the city’s Department of Buildings on Tuesday shows. The 21-story project would appear to be the first hotel for what is one of Brooklyn’s most active residential developers.
Plans call for a 40,721-square-foot structure with five hotel rooms per floor and coffee shop on the ground floor.
Karp is best known for bringing small- and mid-sized rentals to Brooklyn. He acquired the 291 Livingston site from John Catsimatidis for $11.1 million in March. The parcel was originally supposed to be part of a $70 million assemblage sale to Aview Equities that fell through and led to multiple lawsuits. Aview’s Abraham Liefer, however, is an equity investor in the new hotel project, Karp confirmed.
Hello Living’s largest project, a 132-unit rental building at 1580 Nostrand Avenue in Prospect-Lefferts Gardens, is still under development and is expected to wrap construction in 2018. Earlier plans had called for 60 condominiums in the unit mix, but information on Hello Living’s website would indicate that those condos have since been nixed.
(To view more properties owned by Hello Living, click here)