Hotel Monaco Baltimore Could Be Up For Auction
Just last month I wrote about the opening of the new Hotel Monaco in Baltimore and now the Baltimore Sun reports that the hotel is already in trouble. The corporation that owns the 202-room hotel in the B&O Railroad building may lose the property in a public auction if they don't pay $184,000 owed to a lumber supplier for doors, wood trim and other materials. A Baltimore circuit judge has said that the sale can go forward on the premises unless the building owner pays the J.F. Johnson Lumber Company the $184,000 plus interest and attorneys' fees by August 31. The attorney for Baltimore and Charles Associates, the owners of the building, has said his clients intend to appeal the decision which would result in a cancellation of the auction. A painting subcontractor NLP Enterprises of Owings Mills also is reportedly owed around $235,000 but hasn't taken legal action yet. Meanwhile the hotel remains open for business as usual.