Hudson Holdings bought this historic hotel in May 2014 for $7,225,000. Just a few weeks short of one year, not one thing has been done to the property. If it were not for their "by invitation only" meeting at the Glass House, no one would have found out their intentions at the Lake Worth Beach. Prior to that meeting, they had one in September 2014 at Pineapple Ridge Neighborhood Association to talk about their recent purchase of the Gulfstream Hotel and their plans. They were informed on the Heights Amendment that would put a big legal cog in their wheel for six stories. On March 23, they had a meeting at the Lake Worth Golf Course. They want to build a separate hotel, so they say, six stories high and a parking garage three stories high. That's what they want but it all depends on what the city will give them at our beach.
When peering through the fence, it just looks abandoned. I was expecting to see the homeless, etc. hanging out. Even the feral cats were not sighted. And the only thing that Hudson Holdings is holding up is its progress by strong-arming the city for our casino complex and promising the moon. Their desires are no longer behind a wall of silence. The only wall they have is what's hiding the blight.
2 comments:
They have had this property for almost one year now. Don't you just LOVE what they've done with the Gulfstream ????WOW ! This looks SOOOO beautiful. Can everyone imagine what these great guys will do to our beach?!?
if you look at their website most of their 6 projects are just in the drawing stage. Maybe the one called Linton Towers is done but it is absolutely hideous. There is also a hotel in Orlando...it just says they have plans. All others are existing buildings plus drawings.
Hudson Holdings, incorporated in 2006, clearly has money and backers but what have they done so far in 9 years? They list three related companies but two of these have been dissolved (Hudson Property Management and Hudson Property Group).
If you look up the principals, Andrew Greenbaum and Steve Michael in Sunbiz, you find a long list of companies they have been listed with as registered agents, most of them dissolved, 5 of the companies under Steve Michael revoked for not filing annual reports.
They may be legit but since we are talking about valuable municipal property and a nearly 20-year lease, they need to be vetted thoroughly
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