Midtown's vacant Carter Hotel to be sold at auction in possible Times Square boon

"The vacant and decrepit former Hotel Carter at 250 W. 43rd St. is to be sold in an all-cash auction in the Manhattan sheriff's office on May 6, according to a legal notice in The Post last Friday. What matters to Times Square business and theater owners is that the 25-story eyesore, which closed six years ago, might end up in responsible hands."

"The Carter's owners, members of the Chetrit family, were under siege by creditors over unpaid loans and by city agencies that cited the building for more than 100 safety violations. The property on one of the area's least attractive blocks was known as "the dirtiest hotel in America" and was the scene of several gruesome crimes."

""Let's hope we get an owner who can get something good built," said Times Square Alliance president Tom Harris. Neighbors complained that dark, ugly scaffolding provided a haven for drug dealers after dark."

The Hotel Carter, a 25-story building at 250 W. 43rd St. in Times Square, closed six years ago and has remained vacant and deteriorated. The property will be sold through an all-cash auction at the Manhattan sheriff's office on May 6. The building's previous owners, the Chetrit family, faced mounting pressure from creditors over unpaid loans and citations from city agencies for over 100 safety violations. The property was notorious as "the dirtiest hotel in America" and was associated with serious crimes. Dark scaffolding on the building created unsafe conditions and attracted drug dealers. Times Square business leaders hope the auction will result in new ownership capable of redeveloping the site into something beneficial for the neighborhood.

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