New Developer Plans Hotel at 125 Flatbush Ave. Extension

The empty lot at 125 Flatbush Avenue Extension sold to a developer who plans to build a hotel, according to the Real Deal. The previous Pepper and Potter used car dealership on the lot was demolished last February. The then-developer told us previous hotel plans for the site fell through. The new owners, Kansas-based hotel developer LodgeWorks, plan to put up a 117-room hotel from a “well-known national brand.” The company manages hotels for Hilton, Hyatt, Starwood, and Wyndham Hotel and Resorts, according to TRD. They purchased the lot for a hefty $7.75 million.
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