Financing Complete, Level Hotel Breaks Ground

Construction has started, and all the financing is in place for one of Brooklyn’s most unusual projects, the Level Hotel at 55 Wythe Avenue in Williamsburg. Loans for the $130,000,000 project were completed earlier this month, according to The Real Deal.

The story also revealed that the architects for the Jetsons-like design are Yohay Albo and Nicholas Liberis. The 20,000-square-foot rooftop garden will be open to the public, the story said. The hotel will open in early 2016, according to financial backer Madison Realty Capital.

Located between North 12th and North 13th Streets, close to the Wythe Hotel, the development from Zelig Weiss will include office and retail space, as previously reported.

Zelig Weiss Gets $81 Million Loan for Level Hotel Project [TRD]
55 Wythe Coverage [Brownstoner]
Rendering via Shopping Center Group