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Category Archives: Croydon Park Hotel
Council puts hotel and College Green up for sale for just £40m
CROYDON IN CRISIS: Two prime sites, owned by the council, are the latest public assets to be off-loaded on the cheap. EXCLUSIVE by STEVEN DOWNES The cash-strapped council’s fire-sale of public assets continues, with the Croydon Park Hotel and College … Continue reading
Posted in Brick by Brick, Business, Colm Lacey, Croydon Council, Croydon Park Hotel, East Croydon, Housing, Jo Negrini, Property, Tony Newman
Tagged Brick by Brick, College Green, Colm Lacey, Croydon, Croydon Council, Croydon Park Hotel, East Croydon station, Fairfield Halls, Jo Negrini, Labour, Tony Newman
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Council starts the biggest fire-sale ever seen in south London
CROYDON IN CRISIS: Last night’s cabinet meeting agreed to flog off 15 sites around the borough, as the council seeks to pay down its £1.5bn debt. But they will struggle to recoup the £35.7m paid for a hotel just three … Continue reading
Jenrick issues ‘strongly-worded’ warning over property deals
CROYDON IN CRISIS: Government minister targets bankrupt borough when he tells LGA conference ‘Councils shouldn’t make investments for which they are not well-equipped’. By WALTER CRONXITE It seems increasingly likely that Whitehall will insist on Croydon flogging off many of … Continue reading
Posted in Brick by Brick, Business, Colonnades, Croydon Council, Croydon Park Hotel, Section 114 notice
Tagged Brick by Brick, Colonnades, Conservative, Croydon, Croydon Council, Croydon Park Hotel, London Borough of Croydon, MHCLG, Ministry of Housing Communities and Local Government, Robert Jenrick, S114, Section 114
3 Comments
Why selling the unsaleable is not the answer on Brick by Brick
CROYDON IN CRISIS: It is nearly three years since this website began exposing the financial disaster that Brick by Brick was creating for Croydon Council. NICHOLAS PANES, the construction industry expert who advised on our reports, looks at the options … Continue reading
Wood comes knocking with brief to investigate Brick by Brick
CROYDON IN CRISIS: Can it really just be coincidence that the troubleshooter appointed to conduct an urgent review of the council also has extensive experience working at one of Jo Negrini’s former boroughs? WALTER CRONXITE reports It seems almost certain … Continue reading
Posted in Brick by Brick, Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Katherine Kerswell, Property, Report in the Public Interest, Tony Newman
Tagged Brick by Brick, Chris Wood, Colonnades, Croydon, Croydon Council, Croydon Park Hotel, Jo Negrini, Labour, London Borough of Croydon, MHCLG, Ministry of Housing Communities and Local Government, Robert Jenrick, Tony Newman
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Auditors look at legal sanctions over council’s finances
CROYDON IN CRISIS: A Town Hall committee has been told that the council was ‘in breach of financial regulations’ over its commercial dealings, as they delivered a report with 75 recommendations for improvements. By STEVEN DOWNES The resignation of Simon … Continue reading
Hold very tight: will Buss give Brick by Brick a rough ride?
Our Town Hall reporter, KEN LEE, on how the local council troubleshooter who was brought in to deal with Kensington and Chelsea’s finances in the aftermath of the Grenfell Tower fire has now been hired by Croydon In the final … Continue reading
Posted in Alison Butler, Brick by Brick, Business, Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Katherine Kerswell, Paul Scott, Simon Hall, Tony Newman
Tagged Alison Butler, Brick by Brick, BxB Review, Chris Buss, Croydon, Croydon Council, Grenfell Tower, Jo Negrini, Katherine Kerswell, Paul Scott, Simon Hall, Tony Newman
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Audit shows £9m shortfall in Hall’s property speculation deals
CROYDON IN CRISIS: Internal audit report will make very uncomfortable reading for the council leader and his finance chief, and shows worrying budget problems for most of the council-run schools. By WALTER CRONXITE, political editor It is barely a week … Continue reading
Posted in Adult Social Care, Business, Children's Services, Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Karen Jewitt, Katherine Kerswell, Schools, Simon Hall, Tony Newman
Tagged Alissa Flemming, Croydon, Croydon Council, General Purposes and Audit Committee, GPAC, Jo Negrini, Karen Jewitt, Katerine Kerswell, Labour, London Borough of Croydon, Simon Hall, Tony Newman
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Administrators accuse council of forcing hotel out of business
EXCLUSIVE: The closure of the Croydon Park Hotel, with nearly 100 employees losing their jobs, could open the way for the site to be used to build more flats. By STEVEN DOWNES A confidential report from accountants carrying out the … Continue reading
Croydon in crisis: Council has been axing jobs since January
EXCLUSIVE: The Town Hall leadership is spinning to giddying levels to pin the blame for the council’s parlous financial position on covid-19, the Tory government… indeed anyone but the people responsible: themselves. But it is now emerging that the council … Continue reading
Posted in Colonnades, Croydon Council, Croydon Park Hotel, Jo Negrini, Tony Newman
Tagged Croydon, Croydon Council, Jo Negrini, Labour, London, Tony Newman, Unison
3 Comments
Armageddon! Boxpark predicts 50% businesses won’t survive
KEN LEE reports on how one heavily subsidised private landlord in the town centre is now lobbying for yet more public funding Half of Croydon’s retail and hospitality businesses won’t survive the coronavirus lockdown, according to Roger Wade, the owner … Continue reading
Posted in Boxpark, Business, Croydon Park Hotel, Fairfield Halls, Tony Newman
Tagged Boozepark, Boxpark, coronavirus, Covid-19, Croydon Council, East Croydon station, Labour, Roger Wade, Tony Newman
5 Comments
Council-owned Croydon Park Hotel calls in administrators
EXCLUSIVE: All 91 members of staff at the 4-star town centre hotel were made redundant on Monday, as the impact of the coronavirus pandemic hits the local economy hard. By STEVEN DOWNES The company which operates the Croydon Park Hotel … Continue reading
Shock as leader of council with £1bn property debts is ousted
The leader of a local council which has gambled hundreds of millions of pounds on the property market has been ousted by party colleagues, and may now face an independent investigation. No, loyal reader, don’t get too excited just yet… … Continue reading
Posted in Colonnades, Croydon Council, Croydon Park Hotel, Outside Croydon, Surrey
Tagged Conservative, Ian Harvey, Spelthorne Council, Tory
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Chancellor is taking an axe to councils’ magic money tree
Croydon Council has more than £1bn of borrowings – half of which has gone on Brick by Brick and the purchase of some commercial properties. Proposals contained in the Budget this week could put an end to that, as KEN … Continue reading
Posted in "Hammersfield", Bernard Weatherill House, Brick by Brick, Business, Centrale, Colonnades, Croydon Council, Croydon Park Hotel, Croydon parks, Jo Negrini, New Addington, Planning, Property, Queens Gardens, Simon Hall, Tony Newman, Whitgift Centre
Tagged Brick by Brick, Colonnades, Conservative, Croydon, Croydon Council, Croydon Park Hotel, Hammersfield, Hammerson, Jo Negrini, Labour, London Borough of Croydon, Selco, Simon Hall, Tory, Westfield, Whitgift Centre
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£29m: Croydon tops the table for flogging off public assets
With inflated claims of returns from the council’s house-builder being compared to a Ponzi scheme, a former council official says, ‘We are in uncertain times and the risks being taken with public money are huge compared to the marginal potential … Continue reading
Schroders’ £500m Ruskin Square stalls over Westfield doubts
Big business is getting twitchy over the slow pace of developments in Croydon, as KEN LEE reports The agenda for the Croydon Labour group brainstorming weekend in Eastbourne this weekend is said to be “thin”. That may be deliberate to … Continue reading
Council pays £53m to buy ‘unloved’ Colonnades centre
The business “brains” at Fisher’s Folly have gone out and splurged £53million of public money to buy the freehold of the “unloved” and rarely visited Colonnades retail and leisure park – just as industry experts are warning that 200 such … Continue reading
Posted in "Hammersfield", Boxpark, Business, Centrale, Croydon Council, Croydon Park Hotel, Property, Purley Way, Simon Hall, Waddon, Whitgift Centre
Tagged Boxpark, Colonnades, Croydon Council, Hammersfield, Hammerson, Labour, London Borough of Croydon, Purley Way, Waddon, Westfield, Whitgift Centre
11 Comments
Council paid £5m above asking price for Croydon Park Hotel
Under Jo “We’re Not Stupid” Negrini, Croydon Council last month paid £29.8million to buy the Croydon Park Hotel – nearly £5million more than the asking price when the property was put on the market just weeks earlier. Negrini, the council’s … Continue reading
Posted in Business, Croydon Council, Croydon Park Hotel, Jo Negrini, Simon Hall
Tagged Croydon Council, Croydon Park Hotel, Jo Negrini, Labour, Simon Hall
5 Comments
Don’t mention the war! Council moves into the hotel trade
KEN LEE, Town Hall reporter, on the council’s latest wheeze to generate a bit of spare cash by buying up a loss-making hotel The council has bought the Croydon Park Hotel, the 4-star, 55-quid a night tower that’s well-used by … Continue reading
