Fort Greene Boutique Hotel Is Moving Forward
Fort Greene will soon be getting a boutique hotel, according to a report this morning from The Local.
Gabriela Tubella purchased the deteriorating four-story building that once stood on the planned site of the hotel, at the corner of Lafayette Avenue and Saint Felix Street across from the Brooklyn Academy of Music (BAM), in 2007 for $3.7 million.
She hoped to entice a hotel developer by bundling the property with an adjoining lot and air rights, but she failed to find a buyer after two price cuts from the original ask of $5.6 million. So she took the property off the market and matters into her own hands.