Real Estate Notes: Demo looms on east side site for hotel

kAmpD E96 k6>m!@DEk^6>m C6A@CE65 :? a_aa[ E96 4@>A2?J WG:2 2? {{rX A2:5 Sd >:==:@? 7@C E96 AC@A6CEJ] r9@:46 (2E6C w62E6CD 2?5 p==:?56C !=F>3:?8 AC6G:@FD=J @A6C2E65 7C@> E96 ?@?56D4C:AE 3C:4< 2?5 3=F6 >6E2= 3F:=5:?8 E92E H:== 36 C2K65] %96 A6C>:E[ G2=F65 2E Sce[c__[ ?@E6D }2D9G:==6’D s6>@ !=FD H:== 92?5=6 E96 ;@3]k^Am

kAm$F? WDEJ=:K65 2D Q$&}QX 6?G:D:@?D E96 9@E6= 3F:=5:?8 E@ @776C ae_ C@@>D[ D@>6 8C@F?5\=6G6= C6E2:= DA246 2?5 ``f A2C<:?8 DA246D H:E9:? 2 DECF4EFC65 82C286] %96 AC@A6CEJ :D =@42E65 ?6IE E@ t2DED:56 w6:89ED pA2CE>6?ED 2?5 24C@DD (@@5=2?5 $EC66E 7C@> $2:?E p??’D tA:D4@A2= r9FC49]k^Am

kAmx7 E96 AC@;64E >2E6C:2=:K6D[ E96 9@E6= 3F:=5:?8 H@F=5 =:<6=J 36 E96 E2==6DE DECF4EFC6 =@42E65 :? E96 62DE D:56VD 86?6C2= u:G6 !@:?ED 2C62]k^Am

kAm%96 |6EC@ s6G6=@A>6?E 2?5 w@FD:?8 p86?4J s6D:8? #6G:6H r@>>:EE66 D66>:?8=J H:== ?665 E@ 2AAC@G6 E96 4@?46AE A=2?[ 2D E96 AC@A6CEJ D:ED H:E9:? E96 286?4J’D t2DE q2?< #656G6=@A>6?E s:DEC:4E]k^Am

kAmx? u63CF2CJ[ E96 |6EC@ !=2??:?8 s6A2CE>6?E 2AAC@G65 2 C6K@?:?8 C6BF6DE C6=2E65 E@ E96 AC@;64E]k^Am

kAm$F? @77:4:2=D 4@F=5 ?@E 36 C624965 7@C 4@>>6?E]k^Am

kAm%96 AC@A6CEJ D:ED H:E9:? |6EC@ r@F?4:=>6>36C qC6EE (:E96CD’ s:DEC:4E e]k^Am

kAm#6=2E65=J[ $F? :D 56G6=@A:?8 2 #FE=6586 w:== D:E6 H:E9 3@FE:BF6 9@E6= !C:?E:?8 w@FD6 WC625 k2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^?@E6D\7F==\D42=6\H@C<\F?56CH2J\@?\CFE=6586\9:==\9@E6=^2CE:4=60ddg`_`f6\2643\``64\25`e\67a_2`c666a_]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2mX] r@?DECF4E:@? 4@?E:?F6D[ H:E9 E96 DECF4EFC6 92G:?8 C646?E=J 366? E@AA65]k^Am

k9bm'&|r E@H6C AC@;64E AC@8C6DD6Dk^9bm

kAm'2?56C3:=E &?:G6CD:EJ |65:42= r6?E6C @77:4:2=D 92G6 C646:G65 2 7@F?52E:@? A6C>:E C6=2E65 E@ E96 `e\DE@CJ :?A2E:6?E E@H6C A=2??65 7@C a`DE pG6?F6 $@FE9]k^Am

kAm%96 A6C>:E :D G2=F65 2E 23@FE Sb]af >:==:@? 2?5 7@==@HD '&|r 92G:?8 C646?E=J 2AA=:65 7@C 2 D96== A6C>:E] qC6?EH@@5 86?6C2= 4@?EC24E@C #@3:?D U2>Aj |@CE@? vC@FA :D =:DE65 @? E96 A6C>:E]k^Am

kAmpD E96 k6>m!@DEk^6>m C6A@CE65 :? yF=J a_aa[ E96 AC@;64E :D F?7@=5:?8 @? E96 D:E6 @7 2 A2C<:?8 DECF4EFC6 2?5 E96 ``\DE@CJ ~I7@C5 w@FD6 3F:=5:?8[ 36EH66? a`DE pG6?F6 $@FE9 2?5 |65:42= r6?E6C sC:G6] %96 255C6DD @7 E92E 3F:=5:?8[ E9@F89 F?4=62C H:E9 |6EC@ C64@C5D[ D66>:?8=J :D k2 9C67lQ9EEADi^^HHH]8@@8=6]4@>^>2AD^A=246^~I7@C5Zw@FD6^obe]`c`_d`e[\ge]g__ffh`[`dK^52E2lPc>dPb>cP`D_I_i_I2e372_5_4`eghbd3Pg>aPb5be]`c`_d`ePc5\ge]g__ffh`Q E2C86ElQ03=2?<QmkDEC@?8m`b`b a`DE pG6] $]k^DEC@?8mk^2mk^Am

kAmp44@C5:?8 E@ '&|r @77:4:2=D[ E96 AC@;64E — E@ 36 42==65 E96 {x}z qF:=5:?8 — 4@F=5 42CCJ 2 4@DE @7 23@FE Sd__ >:==:@?] r@?DECF4E:@? @7 E96 {x}z qF:=5:?8 42? 368:? 367@C6 E96 ~I7@C5 w@FD6 3F:=5:?8 :D 7F==J C2K65]k^Am

kAm%96 {x}z qF:=5:?8 H:== @776C aaa[gad DBF2C6 766E @7 >65:42= @77:46 DA246[ `g_ A2E:6?E C@@>D 2?5 2 dfd\DBF2C6\7@@E 4@7766 D9@A]k^Am

kAm'&|r 2=C625J :D F?56CH2J H:E9 255:?8 E9C66 7=@@CD We__ A2C<:?8 DA246DX E@ :ED 6I:DE:?8 46?EC2= 82C286[ A@D:E:@?65 E@ E96 D@FE9 @7 ~I7@C5 w@FD6[ 2D A2CE @7 E96 AC@;64E] %92E 82C286 DA246 2?5 E96 7FEFC6 @77:46 3F:=5:?8 D66>:?8=J H:== @776C 2 4@==64E:G6 2AAC@I:>2E6=J d__[___ DBF2C6 766E]k^Am

kAm}6H *@C<\32D65 q=2:C[ |F: Z s@H5[ H9:49 92D F?56CE2<6? 56D:8? H@C< 7@C '&|r :? E96 A2DE[ :D E96 2C49:E64E] }2D9G:==6\32D65 $>:E9 $64<>2? #6:5 :D 92?5=:?8 6?8:?66C:?8 2?5 =2?5 A=2??:?8]k^Am

kAm#625 >@C6 k2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^?@E6D\GF>4\>@G6D\E@H2C5\DE2CE\@7\d__>\AC@;64E^2CE:4=60cgh_`6e2\c2fh\``65\3g_c\e7fa2`6f5cch]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2m]k^Am