N.Y. Hotelier Sells The Raleigh
The 104-room Miami Beach hotels for sale the Raleigh is expected to have a new owner soon. The Miami commercial property is located at 18th Street and Collins Avenue in Miami Beach.
Andre Balazs the hotelier behind The Standard hotel chain said he has a buyer for the 104 room Raleigh and that both sides have agreed to a price. The Miami commercial property deal is expected to be official within four weeks.
Andre Balazs said of his seven years with the Raleigh, 1775 Collins Avenue and a favorite stop for celebrities and local hipsters,``We've accomplished what we wanted to and now we're focusing on The Standard brand-positioning.''
Full Article...Miami Hotels for Sale, Miami Commercial Real Estate
