Results tagged “hotelblake”

In what may be another effect of the softening housing market we discussed yesterday, the Falor Corporation, an aggressive condo conversion company, pulled the plug on Nicky Hilton’s much-discussed condo-hotel project at 500 S. Dearborn St. Paris’ little sis was to help Falor convert the Printers Row’s Hotel Blake into a “calmer version” of her South Beach prototype. Condo-hotels, in which investors buy individual hotel rooms to use as a residential condo, and then allow...