Rumor Mill: Allegria up for Auction? YIKES!

Auction Date & Time: Tuesday, July 19, 2016 at 1:00 pm. Only Qualified Bidders as defined in auction Sales Procedures are qualified to participate. Registration Commences at 11:00 am.

“Property will be sold free and clear of all monetary liens. In order to register to bid, all prospective bidders must present a bank check in the amount of $2,000,000 made payable to “Silverman Acampora LLP Attorney Escrow IOLA Account”.”

Check it out at Maltz Auctions: 143-KEY OCEANFRONT HOTEL

Ever since the beginning, this hotel has been a mix of rainbows, unicorns and the Four Horsemen of the Apocalypse. Remember those ‘Nonpayment of Taxes’ notices that were posted on the room doors? [link]? Then there was some deal with Nassau County [link]. Adjacent residents will disagree, but I really feel this hotel still serves a much needed purpose for Long Beach. Justin Bieber did stay there, after all [link]. You gotta just beliebe it’ll all work itself out in the long run….