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Breaking News: Sean MacPherson and Eric Goode Fork Over $33mil for Hotel Riverview
Sorry "Janis Joplin", you will probably never stay at the Hotel Riverview again. A well credentialed tipster, who wishes to remain anonymous, just emailed us this bit of info, confirming that Sean MacPherson (above) and Eric Goode have indeed made the hotel their next project. But it might not be an easy transition as the place has long-term residents who won't want to leave.
The Riverview Hotel was purchased by Sean and Eric for approx $33.0 Million recently. The Hotel is an SRO (Single Room Occupancy), which means that none of the rooms have their own bathrooms, sinks, kitchens or even basic amenities.
The reason they are not accepting any reservations is b/c they would like to begin the process of removing any and all long term residents, most of which are homeless, drug addicts and drunks---similar to those you would find in the Whitehouse on the Bowery.
By not allowing any new "guests" they limit their risk and exposure for new problems. They will have a very difficult time removing most of the long-term stays, especially since there are strict laws prohibiting the harassment of such individuals.
Remember, MacPherson and Goode had a lot against them in opening the Bowery Hotel with a methadone clinic nearby, a knifing incident and homeless man trying to hawk a stereo for $500. But that hotel has done very well. Then again...Hotel Chelsea anyone?