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Originally Posted by shantyside
anyone have any info on what's gonna happen to the former ACE HOTEL in east liberty?
still can't believe that place is gone...
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Last I heard was that there was a very interested and deep-pocketed potential buyer out of DC, but I’m sure those deals take lots of time. Particularly considering that the local group owned the hotel, and was pretty deep in debt... so, there are some creditors in the negotiation mix.
I never really got the Ace. It always seemed to need a lot more to me. I drank and ate there a number of times, and it was fine... but nowhere near as “cool” as it told everyone it was. Just kinda blah, with the assortment of millennial tech-types, and dirty, ratty furniture in the lobby.
Always seemed like some sort of bad pop-up event... and not an expensive hotel. The pandemic obviously hurt, but I think the “market” was having its way with the business (i.e., people began to catch on to the charade).