Negotiations for the sale of La Concha and the Vanderbilt hotels in Condado to a leading real estate investment group are reportedly underway and could culminate within the next two months, News Is My Business has learned.
The developers of the Condado Duo Hotel complex, International Hospitality Associates, have entered into a settlement agreement with the U.S. Environmental Protection Agency for discharging pollutants into the San Juan stormwater sewer system, which is connected to the Condado Lagoon.
The Voga Italian Grill, the newest option in the Condado sector of San Juan for Italian food lovers, recently opened at La Concha A Renaissance Resort, following at $1.2 million investment.