Lien lifted from old Grand Station hotel property
Published 10:30 am Friday, April 25, 2014
One construction lien was lifted this week from the former Grand Station hotel property while another was still the subject of litigation.
A construction lien held by Belfor USA Group Inc. was taken off the books, Warren County land records show. It was filed in March 2013 against Great Southern Investment Group, former owners of the 117-room hotel purchased in principle by Biloxi-based Vicksburg Hotel LLC last July. The global disaster recovery and property restoration company had been hired for restoration services stemming from damage sustained from Hurricane Isaac in 2012.
The Biloxi-based group plans to reopen the hotel May 8 as the Portofino. A year ago today, the casino vessel was auctioned off for scrap.
On Thursday, lawyers asked a federal judge to compel Avondale Shipyards Inc. to remove a lis pendens that entity filed on the hotel property in October. The entity was a former investor in a failed attempt to buy the hotel and casino during bankruptcy proceedings in 2012. It and another minor investor in the effort sued eight other would-be investors and others in federal court in January, and claimed the sale of the hotel should be voided due to chicanery in the way shares were split among the entities. Claims against two of the nine defendants have been thrown out, court records show.
On Monday, the city said the hotel’s new owners have agreed to pay the city by June 15 more than $500,000 in back property taxes on the building. Earlier this month, two parking garages across Mulberry Street from the hotel were deeded back to the city.