Greystone Hotel in South Beach to Reopen Amid Owner Dispute

SOUTH BEACH HOTELS PHOTO JEFFREY GREENBERG UNIVERSAL IMAGES GROUP VIA GETTY IMAGES
SOUTH BEACH HOTELS – PHOTO: JEFFREY GREENBERG/ UNIVERSAL IMAGES GROUP VIA GETTY IMAGES

The legal saga of an Art Deco hotel in South Beach took another twist this week when a judge made the unusual move of appointing a monitor to oversee the reopening of the Greystone Hotel.

The partners who control the 91-room hotel at 1920 Collins Avenue in Miami Beach have been battling over its fate, trading courtroom tales of treachery and betrayal. The Greystone Hotel closed at the beginning of the COVID-19 pandemic and has remained shuttered since. Its lengthy closure is part of the battle between the two owners.

The dispute pits James Vosotas, director of VOS Hospitality in Boca Raton, against Branden Muhl, who runs a bottling and distribution company in Texas. VOS Hospitality bought the historic property in 2012 for $7.5 million and brought Muhl in as a partner to redevelop it, according to a suit Vosotas filed in July in Miami-Dade County Circuit Court.

The new owners, friends from their student days at the University of Michigan, embarked on an ambitious renovation. They repositioned the Greystone as the Art Deco district’s first “adults-only” property, and they added rooms, restaurants, bars, and a rooftop pool. The refurbished hotel reopened in early 2020, just in time for Super Bowl weekend.

By Jeff Ostrowski for www.commercialobserver.com
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