Dwarfed by new high-rise luxury condominium projects and occupying a prime Miami beachfront lot, the ancient Ocean Terrace Hotel awaits its fate. In the early 1980s its ownership had been split into time-shares, a condotel, and individual ocean view condominiums to maximize the tax benefits for its original owner. Now after six years of trying the gain control of the entire project, Trip Weeks hires actors, a lawyer, and private detectives to help convince the last six time-share owners to part with their interests. With only five weeks until his $175,000,000 loan commitment expires and...
Dwarfed by new high-rise luxury condominium projects and occupying a prime Miami beachfront lot, the ancient Ocean Terrace Hotel awaits its fate. In t...