The historic Scarritt Building and Arcade for years have been proposed for different apartment and hotel conversions. A settlement agreement now calls for their Florida owners to transfer them to a lender after months of bankruptcy proceedings stemming from delinquent debt.Scarritt Building owner agrees to turn blighted historic complex over to lender after bankruptcy cases
The historic Scarritt Building and Arcade for years have been proposed for different apartment and hotel conversions. A settlement agreement now calls for their Florida owners to transfer them to a lender after months of bankruptcy proceedings stemming from delinquent debt.