Hotel developer tells residents of Palo Alto's President Hotel apartments to vacate by Jan. 31

Favicon Business Journal

The developer that last year bought the historic Presidents Hotel Apartments in downtown Palo Alto with dreams of turning the property into a boutique hotel has given remaining tenants until Jan. 31 to vacate, Palo Alto Online reports. The letter from Adventurous Journeys Capital Partners to residents arrived three days after the City Council on Dec. 10 decided not to pass an "urgency ordinance" the developer was seeking. The ordinance would have aided AJ Capital Partners, the parent company for...

Read the full article here: Business Journal


The post: «Hotel developer tells residents of Palo Alto's President Hotel apartments to vacate by Jan. 31» has been published on the website Business Journal where, everyday, you can find the latest news about San Jose's area.



Get more articles about this topic

Leave a comment