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Allenel Favors Office Building

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Office Building
Stugfw gi zsiti
_ po esman. ays
' " That’s Present Plan .
Q An office building threej
stories high, or higher, api
peared today to be favored as
the structure-» I uld re-j
place the Allenel Hote to be
razed in January. ` j
This was indicated today by
George F. Floridis' of Medford
Lakes, N. J., a spokesman fom
the Poulos estate, owner of thej
60-room, four-story hotel.
“We have some key tenantsl
with whom we are discussing
requirements,” Floridis s a id,
adding, “We are inviting pros-<
jpective tenants' to discuss their
‘needs with us.”
Floridis described one of the
>key tenants asv a major insur-
ance company which has plans
to occupy part of any new
;building as a district office.
; The outcome of talks with
qother 'key tenants would be a
.factor in determining, whether
,an office, building.=Vat_;t.he~; Ea.
=-Huron St.-S. Fourth Ave. site
jwould be higher than three
stories, Floridis indicated.
; He represents theinterests of
.William Poulos and Mrs. James
;Trombley, both _of Ann Arbor;1
3Mrs. Herbert Spencer of Brook- i
rlyn, N. Y.; Mrs. Floridis of I
'Medford Lakes; and Mrs. Niki?
lCocorelis, formerly of Ann Ar-'
_bor and now in Greece. Togeth-*
§er, they make up the ownership
of the Allenel Hotel building and!
property. l
Floridis didn’t “close the§
door” completely against ai
combination office-building. and
hotel, indicating that an office
building, however, is a leading
contender for the site. _
If it were an office building,
he said, “it is a distinct possi-
bility” that there will be a
restaurant-cocktail lounge fac-,
ing E. Huron on the property.:
V “Whatever the building, iti
will include parking either in,
the basement or at ground;
leve1,” Floridis said. 5