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Back in Lender's Hands, New York City Hotel Heads to an Auction of a Different Kind

The Gallivant Hotel Went Through Foreclosure Two Years Ago
The Gallivant Times Square Hotel sold in a foreclosure auction two years ago and is now headed to auction again. (CoStar)
The Gallivant Times Square Hotel sold in a foreclosure auction two years ago and is now headed to auction again. (CoStar)
CoStar News
October 29, 2020 | 8:36 P.M.

A hotel near New York City’s Times Square sold to its lender in foreclosure auction two years ago, long before the pandemic wreaked financial havoc on the hospitality industry. Now it's headed to auction again for a different reason.

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