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Cooper Square Hotel sale is “very close”

A rumor that the Cooper Square Hotel, at 25 Cooper Square and Bowery Street, was going to be sold to the same people who run the Soho Grand and Tribeca Grand was confirmed last night at Community Board 3’s State Liquor Authority committee meeting. The deal hasn’t been completed yet, so few details were available, according to Gothamist, though the application lists the Soho Grand as a related entity. The three men looking to take over the Cooper Square Hotel’s liquor licenses — which could happen in the next few days — were concerned about the transfer being smooth if it occurred over Christmas. One of the lawyers told Gothamist that the deal was “very close” to being completed. [Gothamist]

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