For the third time in a month, the trustee sale of an abandoned hotel has been postponed

For the third time in a month, the trustee sale of an abandoned hotel has been postponed

This longtime vacant hotel, which was supposed to go up for sale, has been postponed for the third time this month. While we wait for clarification, neighborhood reporter John Brown learned that the city intends to bid on demolition early next month.

The sale may be postponed again, but there is a deadline approaching.
According to KMTV, agreements with the hotel’s current lender require a resolution by the middle of February.

Despite this, city council member Don Rowe expressed dissatisfaction with the slow-moving process.

“The city and I recognize that it is a problem property,” Rowe announced. “There is a process that has to be followed, and it’s a complicated real estate transaction.”

The hotel, which was supposed to be converted into a senior living facility, has been cited for numerous violations over the last decade, including broken windows, overgrown weeds, and graffiti.

Chief Housing Inspector Scott Lane stated that if the city had to pay to demolish the hotel, it would consume nearly all of Omaha’s demolition budget—if not more. Eventually, taxpayers would receive their money back.

“It actually comes from the general fund, so it is taxpayer money. But we’d file a lien, and the money would be returned to us when there was another transaction,” Rowe explained.

We contacted the Idaho-based property owners but have not received a response.

Neighbors’ frustrations persist as they await the demolition of the building.

“The building is not serving any purpose at all,” Cameron Ram stated in an interview in November.

“The building has just simply been an eyesore for the last 14 years,” Joe Wolf stated in an interview in November.

The trustee sale has been postponed until January 22.

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