We spent a lot of time talking about the problem-ridden Lefferts Hotel last summer and we haven’t heard much talk in the neighborhood since. According to one commenter In last week’s discussion of the near-by Broken Angel, things have not improved:

The stipulation agreement entered into by the City and the Prince Hotel Group is killing the Lefferts Hotel; he can’t make any money as a legitimate business concern. The place is dead and appears on the brink of shutting down. At the same time, property values are soaring all around the hotel and this section of Clinton Hill. If there was every a good time to get Mr. Fried to sell this beautiful building it is now.

What can other residents of Lefferts Place tell us about recent problems with the hotel? Why wouldn’t the owner, Moses Fried, be dying to sell? He could make a lot of dough and free himself of numerous headaches.
More Details on the Broken Angel Project [Brownstoner] GMAP
More on Hotel Deal, Shooting on Downing [Brownstoner]
Lefferts Hotel Cuts Deal with Tish James [Brownstoner]