Newspaper article St Louis Post-Dispatch (MO)

`Friendly' Foreclosure Won't Shutter Mayfair

Newspaper article St Louis Post-Dispatch (MO)

`Friendly' Foreclosure Won't Shutter Mayfair

Article excerpt

FRIDAY'S FORAY: Don't despair, a so-called friendly foreclosure involving a $13 million mortgage won't shutter the downtown Doubletree Mayfair Suites Hotel, says co-owner Peter Greene. Greene is partnered with New York-based Carl Marks & Co., Inc. in the hostelry.

Under the direction of stellar GM Marida Elliott, the historic hotel, a few steps away from America's Center, has blossomed into an elegant place with a well-drilled staff, well-appointed rooms and a national base of business travelers. . . .

Look for 11th Ward Alderman Dan Gruen to propose calling the new bridge over the River Des Peres the Naborhood Link Bridge. Dedication will be Oct. 23 for the bridge, located where Lemay Ferry Road in the county changes to Alabama Avenue in the city. Gruen's proposed moniker is derived from The Naborhood Link News, which was founded by Vernon Schertel in 1930.

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FACES IN PLACES: Investment guru Elliot Stein will be honored at a dinner Oct. 23 at the Ritz-Carlton Hotel "for his many civic, philanthropic and corporate governance contributions." The gala will benefit the St. Louis Chapter of the American Parkinson's Disease Association. Ralston Purina's Bill Stiritz is honorary chairman, with Mark Vittert and Donna Wilkinson helming the night. Toasters include former Sen. Tom Eagleton, ChiTown business leader Lester Crown and former astronaut/current businessman William Anders. Entertainer Karen Akers will be headlined. For tix, call Dorothy at 993-4217. . . .

Shake hands with Pat Lordo, who's been named to the St. Louis County Industrial Developmental Authority Board. Lordo is a CPA, heading a firm that bears his name. If his name rings a bell, it should. He is the brother of the Lordo gotrocks dynasty. . . .

Mark and Mel Sherman are churning out 20 varieties of bagels at their Shermies in Chesterfield. …

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