The Miami Herald
September 5, 2005
Roney Hotel To Reopen Next Year With New Name
By Douglas Hanks III
The Roney Palace hotel, once the second largest on Miami Beach, plans to reopen next year with about half of its rooms and a new name, the Hotel Gansevoort South.
Pronounced ganz-uh-VORT, the hotel is slated to open next fall.
The 332-room revamped resort would offer a rooftop pool, upgraded oceanfront pool deck, a spa, beach club and a block of upscale shops and restaurants.
Plans to reopen the Roney cheered tourism officials who have felt the squeeze from losing the hotel's 585 rooms since it shut down operations last summer at 23rd Street and Collins Avenue.
About 250 of the Roney's all-suite hotel rooms will be shrunk during renovations to create 232 standard rooms and 102 condo-hotel units. The remaining 330 rooms or so will be converted to 259 condominiums, where prices will start at about $600,000. The Roney already has 565 existing condominiums.
WSA Management, which owns the hotel's namesake in New York, and the Chetrit Group, which bought the Roney in bankruptcy court last summer, are developing the property in a joint venture, a WSA executive said.