Thought we already talked about it here when the news came out a few months ago that they are closing in December.
Any rumors on what will happen to the building?
Another hotel franchise will move in.
The rumor was that Humble House will take it over although Humble House deny that. Cathay Life owns the property as well as Humble House so it looks like the play was a squeeze out by Cathay, raise rents until tenant can’t pay, put own subsidiary in place.