Elcom Hotel & Spa, which is trying to emerge from bankruptcy protection, proposes selling the shared facilities at One Bal Harbour as its exit strategy.
January 15, 2013 at 12:00 AM
1 minute read
Selling the common areas and amenities at the luxury One Bal Harbour hotel and residences may be the way to end litigation draining the condo owners’ resources.
The glass tower has 185 condos owned by individual owners, 124 hotel rooms owned by investors and shared facilities owned by Elcom Hotel & Spa LLC. The shared facilities include a spa, restaurant, pool, lobby, elevators and valet parking.
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