Top Posts & Pages
-
Recent Comments
Tag 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
9 Comments
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
£100m questions on Ali’s ‘transparent, open and honest’ pledge
CROYDON IN CRISIS: Political editor WALTER CRONXITE on the growing row over council secrecy over Brick by Brick and the fire sale of property assets The secrecy over the consequences of the council’s plan to wind-down failed housing developer Brick … 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
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
1 Comment
Hall’s 1,000-word email plea to keep his cabinet finance post
It might not fill anyone with much confidence when the councillor in charge of cash-strapped Croydon’s finances brushes away more than £1million as if it didn’t matter, as he seeks to justify the council’s parlous financial situation, which includes a … Continue reading
Posted in Brick by Brick, Croydon Council, Jo Negrini, Property, Simon Hall
Tagged Conservative, Croydon, Croydon Council, Croydon Park Hotel, Labour, Simon Hall, Tory
3 Comments
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
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
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
1 Comment
£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
Councils’ property deals are ‘gambling with public money’
Councils across England – including Croydon and Sutton – have between them borrowed billions of pounds of public money to finance the purchase of real estate and commercial properties, a policy which could place some at risk of financial collapse, … Continue reading
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
