A History of the Lord Baltimore Hotel. (Part Two: 1960-1982)

April 18, 1960: After over three decades of ownership, the Busick family sells the Lord Baltimore Hotel to H.R. Weissberg Corporation of New York City for $7,150,000:

“Herbert R. Weissberg, of New York City, new owner of the Lord Baltimore Hotel, said yesterday he has plans for an extensive renovating and redecorating program for the hotel’s ball room, lobby, and other public rooms.

But, he said, there will be no change in policy, rate structure or personnel.” (Baltimore Sun, April 19, 1960)

May 31, 1961: H.R. Weissberg Corporation buys another Baltimore hotel, the Emerson (1961 LBH owners buy Emerson Hotel).

February 1967: H.R.Weissberg group sells a 10% stake in their Baltimore hotels, including the Lord Baltimore Hotel, to other investors from New York:

“Buying Weissberg shares the group consists of Lawrence N. Hurwitz, a director of Genral Artists, Pester Buswell, formerly with Chase Manhatten Bank; Ames Brown, of Brown-Gronson Associates, a real estate firm; and George C. Dormer, a former vice-president of Franklin Corporation, a small business investment firm.” (Baltimore Sun, 2/21/67: 1967 new investors buy into hotel chain)

November 26, 1969: Auction of Lord Baltimore Hotel returns property to local ownership:

“The 22-story red brick building at Hanover and Baltimore Streets was sold at auction to Federated Enterprises, a Baltimore Corporation that already holds a $3.37 million mortgage on the hotel.”

The auction price was $600,000. The majority owners, H.R. Weissberg Group, had purchased the property nine years previously for $7.1 million and had recently defaulted.

Interestingly, the buyer’s group includes:

“Zanvyl Krieger, who holds interests in the Baltimore Orioles and the Clippers.” (Baltimore Sun, 11/27/69: 1969 LBH to be auctioned)

April 29, 1970: City government agrees to let Federated Enterprises pay its tax bill over two years (1970 LBH to pay tax debt over 2 years).

March 15, 1974: Hotel plans bridge from 18th floor to B&O building across the street:

“The Lord Baltimore Hotel is constructing a bridge from its roof to that of the Baltimore & Ohio Railroad office building which adjoins it on Baltimore Street, as an exit in case of emergency.

The buildings are separated by a 12 foot area way.” (Evening Sun, 3/15/74: 1974 Bridge from LBH to B&O Bldg)

May 31, 1980: (Another) suspicious fire at Lord Baltimore Hotel:

“Dozens of guests were evacuated during a “suspicious” two-alarm blaze yesterday at the Lord Baltimore Hotel, which was hit by two similar fires less than 18 months ago.

Fire officials said no one was injured yesterday, but some guests said they fled their rooms without hearing any fire alarms other than the sirens of fire trucks responding to the hotel blaze.” (Baltimore Sun, 6/1/80: 1980 Suspicious fire at LBH)

July 1982: The Lord Baltimore Hotel closes for a year for extensive renovations worth $12 million:

“The project is being financed with the aid of a $10 million low-interest and tax-free industrial revenue bind approved by the City Council last October, according to a statement issued by the hotel.

The city will lose about 450 hotel rooms during the closing. When the hotel reopens it will have 50 to 60 fewer rooms, although those remaining will be larger and will include new electrical, plumbing, heating and air conditioning systems” (News American, 7/18/82: 1982 LBH to close for a year for renos)

July 25 1982 Sunday Sun LBH feature

Advertisements