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Pharrell's Goodtime Hotel Faces Foreclosure

Published 1 week, 6 days ago
Description

Pharrell Williamss Goodtime Hotel in South Beach faces foreclosure due to missed loan payments, with lenders seeking one hundred fifty-two million dollars. The hotel, launched in 2021, aimed to revitalize Washington Avenue but struggled with flatlining tourism and empty storefronts. Lenders have covered payroll and taxes, and a court battle ensues to determine the hotels fate.

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