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Sat, Jul 4, 2009
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LocalTy Warner Plans to Sell Miramar Hotel
Beanie Babies mogul Ty Warner is giving up his fight over the Miramar Hotel in Montecito.
In a statement released Tuesday night, an executive for Warner says the billionaire has decided to sell the landmark following a bitter battle with the Montecito Association. Warner purchased the hotel last year with the intentions of renovating it. He also wanted to build a public access stairway at Butterfly Beach. KEY News reporter Martha Bull has more on this story. |
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