Delano Hotel, Miami Beach Miami Beach's Delano, New York's Hudson Hotels Sell to Connecticut Firm
Eldridge bought the two hotels for an undisclosed price from SBE Entertainment Group.
November 24, 2020 at 05:37 PM
2 minute read
The shuttered Delano South Beach is a far cry from its wild party nights—Madonna celebrated her 37th birthday there in 1995—and lazy days by the pool, one of the few bikini top-optional spots on Miami Beach.
The Art Deco building has remained quiet for eight months after closing because of the coronavirus pandemic, but a Connecticut investment manager saw future value judging by its purchase Tuesday.
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