Aby Rosen checks out of 11 Howard

by The Real Deal NY

Aby Rosen is out at 11 Howard. Rosen’s RFR Holding handed the luxury Soho hotel back to its landlord this week after a judge ordered the firm to surrender the property. Ennismore, the hospitality group backed by French hotel giant Accor, has taken over as operator. The handover ends a bitter standoff over possession of the 211-key hotel between RFR and the landlord, German asset manager Commerz Real, that played out during a trial in New York City Civil Court last Spring. RFR refused to vacate 11 Howard after Commerz claimed it owed tens of millions in unpaid rent. The […]

This article originally appeared on The Real Deal. Click here to read the full story.

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