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GOLDBLOOM COMPLETES MAYFAIR PURCHASE

 MIAMI, April 19 /PRNewswire/ -- Miami entrepreneur George Goldbloom has completed the purchase of Hotel Mayfair House and the Shops of Mayfair in Coconut Grove. He bought the hotel and shopping mall from the Edward J. DeBartolo Corp. of Youngstown, Ohio.
 The 300,000 square-foot Mayfair complex (net leasable space 231,000 square feet available, along with 1,000 parking spaces) is located in the middle of Miami's Coconut Grove shopping district, and shares with South Beach the accolade of South Florida's hottest retail area.
 "We'll be changing the Mayfair Shops both inside and out," Goldbloom said. "We'll announce the specifics later, when we complete our planning."
 As a builder and developer, Goldbloom has a strong track record of rehabilitating Miami-area hotel properties. In 1978 he bought the Everglades Hotel on Biscayne Boulevard, totally renovated it, and installed the popular Brasserie de Paris restaurant.
 In 1987 he purchased the Four Ambassadors, which was then in a worn condition, from the FDIC. He has since completely renovated that property.
 Hotel Mayfair House
 "We are keeping Tomas Zeisel as the general manager of Hotel Mayfair House," Goldbloom said, "along with his excellent staff."
 For the past four years the hotel has been awarded the Mobil Four Star and the AAA Four Diamond awards.
 Part of the Hotel Mayfair House is the Mayfair Grill, where renowned chef Guy Schnaars heads up a very successful restaurant operation.
 The hotel's occupancy has remained strong throughout 1992. For the last month, it has been running at 92 percent.
 Retailers Interested
 "Since the purchase was announced we have had tremendous interest from retailers," according to Robert Alwine, a Goldbloom associate. "The phone has been ringing off the hook."
 -0- 4/19/93
 /CONTACT: Robert Alwine of the Hotel Mayfair House, 305-441-0000; or Jennifer Hawkins of Pearson, McGuire Associates, 305-665-5439, for Hotel Mayfair House/


CO: Hotel Mayfair House ST: Florida IN: LEI SU:

JB-AW -- FL005 -- 7271 04/19/93 10:21 EDT
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Publication:PR Newswire
Date:Apr 19, 1993
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