Friday, August 9, 2013

Gansevoort Park Avenue hotel receiving criticism, threats to shut off its liqour license

This is important because it's a big pari passu CMBS loan in CGCMT 2012-GC8 and GSMS 2012-GCJ9.

More importantly they allegedly have naked girls and 24/7 parties at the pool on the roof, and we're sending someone over pronto to confirm this activity.

As reported by CBS .

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