The Hotel Bossert sale from the Jehovah’s Witnesses to real estate moguls David Bistricer and Joseph Chetrit closed Friday, The Real Deal reported. The amount of the sale was $81 million, not $91 million as previously rumored. The duo plan to the turn the historic property back into a hotel, an independent that will continue to use the Bossert name, with a rooftop bar and restaurant and 302 rooms that will rent for $300 a night. The property is already being renovated. Plans call for a summer opening. Click through for a photo of the lobby in bygone days.
Chetrit, Bistricer pay $81 million for Brooklyn’s Bossert Hotel [TRD]
Architects Announce Reno Plans for Hotel Bossert [Brownstoner]
Building of the Day: 98 Montague Street [Brownstoner]
Photo by The Brooklyn Paper