Saturday, September 25, 2010

Biltmore Hotel audit offers insights into dealings with city

A new audit says the Biltmore Hotel owes Coral Gables millions in unpaid rent and other charges. But both sides said they will focus on the bigger picture: a deal that ensures the long-term sustainability of the hotel and protects the city's interests as landlord.


``The audit is static for me,'' said City Commissioner Maria Anderson. ``I will bypass it and try to work on the future. My main focus is to get us back on track as partners, and that includes paying the rent and management fees.''

The hotel's relationship with the city soured in April 2009, when it stopped paying rent and unsuccessfully sought to credit historic preservation expenses against the rent as its revenues and profits dropped.

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