The biggest joke of 2016? Hudson Holdings. And then you can throw in 2015 and 2014.
Now they're back in the news again.
Now it seems that Steven Michael of Hudson Holdings fame and the owner of the dilapidated Gulfstream Hotel, a hotel that has been given every desirable land use designation and waiver incentive in the history of lousy politics in Lake Worth to rebuild the hotel, has offered the owner of Mother Earth a few deals.
Read about it...
10 comments:
Per the Post story;
Steve Michael, co-founder of Hudson Holdings, the Delray Beach company behind the $70 million Gulfstream Hotel renovation project:
WHAT project? The Gulfstream is rotting. It's called "demolition by neglect".
Notice how it was completely unsecured when the 140 mph hurricane was on track to hit us?
Looks like Mother Earth told Michael to buzz off. What a con.
They need to clean this up and get it looking have way decent. This whole area looks like hell for our city. How many more years are going to pass?
Until the lawsuit is dropped.
AGAIN, and for the hundredth TIME, the lawsuit has NOTHING TO DO WITH THE HOTEL RENOVATION. That is the scam that you people want to believe and that HH wants you to believe. The lawsuit has put a cloud over their desire to FLIP the property. They bought this property AFTER the Heights Charter Amendment. They got this questionable LW Trio to go along with their desires.
AGAIN. No really, this is happening "again". Remember the lawsuit that stopped forward progression of the Greater Bay project long enough for the city to shoot itself in the foot and ended up paying millions to the flim flam man?
While the circumstances are slightly different, the point is that he doesn't have to spend ANY of his money until he gets the "all clear" from any and all pending lawsuits. Why can't you understand that?
His "full" plan integrates the historic building with the new structure. You change the new structure, you change the possible uses for the historic one.
If it were my money and my building, I'd be sitting on my hands too, until all challenges are settled. When the first judge threw out the first case, I figured it was all over with. It is your group responsible for the project stand-still.
I agree, he should keep up the grounds better.
Wrong. It is YOUR group and HH that is responsible. HH should have been truthful right up front when they bought the property. It wasn't contingent on zoning changes then to renovate the hotel and get it opened in 9 months. They changed their business plan and the city and Trio allowed them to get away with it by granting all these changes. $$$$$
As far as Greater Bay is concerned, they were flim flam artists from inception. It was the city that settled with them for $1.6 million. That's the city's mindset---settle or gamble on a win. It's easy when you're dealing with someone else's money. Very happy that we got rid of them but you need to read a contract before you sign it. they could have tied up our beach indefinitely. Maybe the residents should have sued the city for doing what they did...grabbing a contract out of the mayor's hands and signing it without reading it. Unfreaking real. Sounds criminal to me.
If they want to "flip" the property then that's there business. You don't t like it move to Cuba!
That is true, anonymous at 8:09. They have every right in this world to flip their property. The point is here, they told us a different story when they blitzed into our city and told us that they would renovate the hotel within 9 months.
GET IT????????????????
H.H. straight up lied to everyone at the neighborhood assoc. they gave their pitch to. They were told about the height amendment at the FIRST meeting they slithered into! They promised the Gulfstream done in 14 months. That was 3 years ago. The lawsuit does not touch what they said they were going to do.So stop the bulllcrap. H.H. had to wait for the zoning so they could demolish the bldg and sell to the highest bidder.Somebody in the Lake Worth administration had to approve those beach club plans they were telling residents about!
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