Williamsburg Hotel owner gets further interim cash collateral access

By Sarah Lizee

Olympia, Wash., March 27 – 96 Wythe Acquisition LLC, the owner of the Williamsburg Hotel in Brooklyn, N.Y., received further interim approval to access the cash collateral of lender Benefit Street Partners Realty Operating Partnership, LP, according to a 12th interim order filed with the U.S. Bankruptcy Court for the Southern District of New York.

The termination date is March 31.

The Brooklyn, N.Y.-based hotel owner filed bankruptcy on Feb. 23, 2021 under Chapter 11 case number 21-22108.

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