Thursday 19 March 2020

Williamsburg Hotel dispute escalates as pandemic raises stakes

A month after a temporary receiver was appointed for Toby Moskovits’ Williamsburg Hotel, fighting over the property has veered off into a new direction — and its fate seems cloudier than ever. In court documents filed Tuesday, lender Benefit Street Partners claims that receiver Constantino Sagonas has violated his marching orders by allowing Moskovits to maintain control of the hotel’s revenue and by ignoring demands for information about the hotel’s finances. At the same time,



source https://therealdeal.com/2020/03/19/williamsburg-hotel-dispute-escalates-as-pandemic-raises-stakes/

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