Sarah McKenzie

Whitney Hotel sold: condos next?

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Downtown developer Ned Abdul, president of Swervo Development, has negotiated a $4.65 million deal with the Wells Fargo Trust division to take over ownership of the Whitney Hotel on Downtown's riverfront.

Abdul said he hasn't decided on his plans for the Whitney Hotel. Either opening a new boutique hotel or converting the building to condos is a possibility. The developer said he planned to make a decision on redevelopment by early next year.

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