At the end of September, Gossips reported that a partnership of Jeremy Selman, Gabriel Katz, and Sean Roland was buying The Wick Hotel at 41 Cross Street. In fact, the trio was looking into buying The Wick and had entered into a sixty-day due diligence period of fact finding.
At yesterday's meeting of the Hudson IDA (Industrial Development Agency), Mike Tucker reported that Selman, Katz, and Roland had withdrawn as buyers of The Wick because of some requirements related to the hotel's
Tribute Portfolio designation, of which they had previously been unaware. Tucker said there was another buyer but did not indicate who the new buyer was.
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