Hotel News Resource

Monday, January 28, 2008

Commercial real estate: Allegria Hotel is clue to Garden City Hotel plans

The big news in the hospitality industry last week was the report that Allen Rosenberg, a Woodmere-based developer and landlord, is in contract to buy the Garden City Hotel for $91 million.

The principals in that transaction aren't ready to talk, but a look at Rosenberg's other ongoing hotel project might be instructive for anyone wondering about the future of the venerable Garden City institution.