Claude Dray, a French investor and Art
Deco enthusiast who has developed properties in New York, Paris,
and St. Tropez, France, among other locations, has acquired the
landmark Art Deco-style National Hotel in Miami Beach from Florida
Resort Management.
The purchase
price and Drays plans for the property were not
disclosed.
The 151-room
hotel dates back to 1939 and is located on Collins Avenue alongside
such familiar properties as the Setai, Delano, Raleigh and Ritz
Carlton.
The National
Hotel is considered by many to be one of the best examples of Art
Deco architecture. Renovated in 2003, it also features a
200-foot-long swimming pool that is believed to be one of the
longest in Florida.
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to Michael Milligan at [email protected].