In May, it was appraised at a value of between $266 million and $350 million. A visit to Margaritaville Tulsa in Oklahoma, is an opportunity to step out of your daily routine and into an island adventure, if only for the evening. Close your eyes and imagine you’re there. The hotel, located on Seventh Avenue in New York City, has 234 guest rooms and 34,271 square feet of retail space, according to the filing documents. “Given the projections for future income, the appraised value of the Hotel, and the solid location in Times Square where tourism is reviving, the Debtor believes that a refinancing of the Hotel can ultimately be achieved within a reasonable period of time,” Sethian Pomerantz, of Soho Properties, wrote in a sworn declaration filed to the court. Inspired by the lyrics and lifestyle of singer, songwriter and author Jimmy Buffett, Margaritaville Resort Biloxi transports guests to paradise immediately. Named Best 55+ Community of the Year by the National Association of Home Builders. The filing documents note that despite its current financial woes, “the Hotel’s revenues are improving” and are projected to exceed $25 million by the end of 2024 if and when retail space in the hotel is leased. Latitude Margaritaville Daytona Beach is an award-winning 55+ community inspired by the music and lifestyle of singer, songwriter, and best-selling author Jimmy Buffett. That’s how much debt the owner of the hotel is hoping to refinance in this bankruptcy. Find a Margaritaville Restaurant, Margaritaville Hotel/Resort, Margaritaville Casino, Landshark Bar and Grill, or a Cheeseburger in Paradise Restaurant. (Photo by Sean Zanni/Patrick McMullan via Getty Images) Patrick McMullan via Getty Images Provided to YouTube by Universal Music GroupMargaritaville Jimmy BuffettChanges In Latitudes, Changes In Attitudes 1977 UMG Recordings, Inc.Released on: 1. Jimmy Buffett performs at Margaritaville Resort Times Square "First Look" at Margaritaville Resort.
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