In May Cathcart sent borrowers a letter stating that with IRS and California investigations under way Bancroft Ventures "has reached the limit of its tolerance with the ever more draconian regulatory and litigious environment" and would wind down.
If your tolerance for Brooklyn preciousness is low, limit yourself to dinner and resist the urge to check out the hotel rooms upstairs: they are lovely in a reclaimed-wood-and-exposed-brick kind of way, but the twee factor is pretty intense.