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In 1964 it was renamed the John Ringling Towers and converted to apartments. By 1980 it was vacant and deteriorating. On March 5, 1987, it was added to the U.S. National Register of Historic Places, but the building was razed in 1998 to make room for the Sarasota Ritz-Carlton. [4]
The Ritz-Carlton Hotel Company, LLC is an American multinational company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 108 luxury hotels and resorts in 30 countries and territories with 29,158 rooms, in addition to 46 hotels with 8,755 rooms planned for the future.
Despite decades of hopes and promises, the grand building languished, a ghost-hotel to explore.
Love served as corporate executive pastry chef for Ritz-Carlton from 1988 to 2001, opening hotel pastry kitchens in such locations as Boston, Dubai and Bali.Love left Ritz-Carlton after 13 years to focus on the culinary event production company, Carymax LLC, with co-founder Michael Schneider.
Some of the land purchased would come from John Ringling North, and on his Longboat Key land included the unfinished Ritz-Carlton Hotel. There was a proposal in 1962 by a Sarasota realtor to finish its construction and make it into a convention site for Sarasota. However, Arvida had no interest in either selling or attempting to finish the hotel.
In 1999, Buchanan was approached to help to finance the Ritz-Carlton condo-hotel development in Sarasota. Buchanan was cut out of the project. The developers, Robert Buford and Kevin Daves, said he lied about his financial means. Buchanan sued, and the parties settled in 2001. [9]
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