T
he Hotel Bossert, a Brooklyn Heights landmark, is getting a new lease on life. The historic property has been acquired by SomeraRoad for $100 million and will be converted into residential units.

    Built in 1909 as an apartment hotel, the Italian Renaissance Revival-style building was once a hub of luxury and entertainment. It housed several Brooklyn Dodgers and hosted high-society parties at its top-floor bar. The hotel's Marine Roof Supper Club was particularly famous for its unbeatable Manhattan views and live music.

    After years of false starts and stalled renovations, the property changed hands multiple times before SomeraRoad took over. The previous owners had planned to reopen it as a boutique hotel with 302 rooms, but their efforts repeatedly fell through. The hotel accumulated $177 million in debt and was eventually sold at auction for $999,000.

    SomeraRoad plans to restore the building while honoring its rich history. The company has a track record of successful adaptive reuse projects, including the restoration of the India House building in Manhattan. Its founder, Ian Ross, is a Brooklyn resident who understands the area's unique character.

    The Hotel Bossert's new residential future comes at an exciting time for Brooklyn Heights' real estate market. With its prime location and historic charm, the property is poised to become a desirable place to live.