The NYT recently profiled the most reviled hotel developer on the planet right now and no, it's not Donald Trump.

The man is Robert Falor, the once and former condo-hotel king who almost supported the failed Nicky O hotels venture from Nicky Hilton as well as the failed Rande Gerber/Maxim bar inside the Royal Palm Hotel in South Beach.

And guess what? He's flat broke and has no friends.]]> juliana 2008-09-02T11:56:10-05:00 http://www.hotelchatter.com/story/2007/9/12/17249/1227 <![CDATA[<p><img src="http://www.hotelchatter.com/files/admin/Hotel_Blake.jpg" class="imgborder"><p> Note to self: If a Hilton sister ever approaches us with a business proposition, we're running in the opposite direction (unless it involves porn, of course). <p> If only we could've advised hotel magnate <a href="http://www.hotelchatter.com/tag/robert%20falor">Robert Falor</a>. It looks like any hopes of resuscitating his disastrous plans for the <a href="http://www.hotelchatter.com/hotel-reviews/Nicky+O+South+Beach/local/95"><b>Nicky O</b></a> hotel are now completely <a href="http://www.chicagobusiness.com/cgi-bin/news.pl?id=26187&amp;seenIt=1">dead</a>. Investors who put up cash for the ill-conceived/financed condo-hotel project filed a lawsuit last week in Cook County Circuit Court, claiming that: <p> <blockquote><p> Because the payments under the Contract for Deed were not timely paid and the final closing date has expired, the Contract for Deed has expired, and Printers Row no longer has the right to purchase ced138 2007-09-13T09:00:01-05:00 41.875022 -87.629475 http://www.hotelchatter.com/story/2007/3/29/12644/5145 <![CDATA[<p><img src="http://www.hotelchatter.com/files/admin/nickyo_bankrupt.jpg" class="imgborder"><p><i>"Falor went bankrupt, what a loser! Cross him off my Blackberry!"</i><p>Nicky Hilton's disastrous <a href="http://www.hotelchatter.com/hotel-reviews/Nicky+O+South+Beach/local/95"><b>Nicky O</b></a> hotel plan has forced her developer Robert Falor and his Falor Companies to file for bankruptcy.<p>Oaktree lenders are suing Falor's Company for $36 million for failing to a) finish Nicky O and for b) failing to get celebs like Scott Storch or Pharrell Williams, or another "celebrity reasonably satisfactory to the Mezzanine Lender" to buy condos in the building.<p>So now that Oaktree's pulled out of the deal, Falor can't afford to renovate the property into a hotel-condo, regardless of Nicky O's presence. He's filing for bankrupty and plans to just make a regular old hotel sans condos. Key word: <i>plans</i> which is juliana 2007-03-29T12:08:18-05:00 http://www.hotelchatter.com/story/2007/2/21/1091/00313 <![CDATA[<p> <img src="http://www.hotelchatter.com/files/3/nicky_hilton_picks.jpg" class="imgborder"><p> Well it is official. &nbsp;As <a href="http://www.hotelchatter.com/story/2007/2/9/141431/6933/hotels/Nicky_O_ver_">we first told you almost two weeks ago</a>, <a href="http://www.hotelchatter.com/hotel-reviews/Nicky+O+South+Beach/local/95">Nicky O</a> sleeps with <a href="http://www.hotelchatter.com/story/2006/4/19/171055/380/hotels/Las_Vegas_Ponders_George_Clooney_s_Empty_Head">Las Rambalas</a> now. &nbsp;Nicky Hilton's short lived career as a semi-hotelier is finished.<p> <blockquote><p> A Chicago development group is ditching plans to work with heiress Nicky Hilton to convert the Hotel Blake in Printers Row into a Nicky O's Chicago. "While we are always evaluating the marketplace, we anticipate that the property will remain as the Hotel Blake for the foreseeable future," Robert Falor, president of Robert Falor Investments, said Tuesday in a statement. The company also is dropping a similar conversion planned for the Breakwater hotel in Miami's chic South Beach. Nicky Hilton and her markj 2007-02-21T10:11:32-05:00 25.785562 -80.129984 http://www.hotelchatter.com/story/2007/2/13/11644/5797 <![CDATA[<p><img src="http://www.hotelchatter.com/files/3/nicky_hilton_robert_falor.jpg" class="imgborder"><p> <b>Breaking</b><br> <blockquote><p> In a lawsuit filed Monday in federal court, Robert Falor Investments and Grand USA Hotel Supply &amp; Restaurant allege Hilton hasn't kept up her end of an April 2006 agreement in which she promised to promote the redevelopment project known as Nicky O's Chicago, a Nicky Hilton Hotel.<br><br> Hilton also allegedly contracted out interior design work she was supposed to perform and tried to charge it back to the developer, the lawsuit alleges. The development group also claims Hilton misrepresented that she and her associates had experience in hotel design.<br> </blockquote><p><p> Remember that official statement we were looking for? Guessing we don't have to <a href="http://www.hotelchatter.com/story/2007/2/9/141431/6933/hotels/Nicky_O_ver_">connect</a> the <a href="http://www.hotelchatter.com/story/2007/2/4/185914/3259/hotels/Nicky_Hilton_Not_Winning_Any_Hotelier_of_The_Year_Awards_Anytime_Soon">dots</a> for you <a href="http://www.hotelchatter.com/tag/Nicky%20O">on this one</a>. markj 2007-02-13T11:09:32-05:00 Search HotelChatter string http://www.hotelchatter.com/search/