In May, 2014, a venture including GFI Hospitality, LLC and GFI Development Company purchased a prime parcel of land strategically located in downtown Brooklyn, NY (“DoBro”). The 18,000-square-foot corner parcel, which has long served as an open-air parking lot will be developed into a lifestyle hotel. Slated to open in the Spring of 2018, the hotel will feature a signature restaurant, event spaces, and retail.
The hotel will be situated at 252 Schermerhorn Street--between Bond and Livingston Streets--in the heart of Brooklyn’s emerging downtown district. The Hotel will be proximate to the Brooklyn Academy of Music, Barclays Center, Atlantic Center, Atlantic Terminal Mall, nine subway lines, Boerum Hill and Carroll Gardens.
252 SCHERMERHORN STREET
BROOKLYN, NEW YORK 11217