Ownership
The name of the hotel came from the owners, W E Y came from the first three letters of the first part owner Weymer H Waitt and lin from the last three letters of the first name of Franklin M. Haines the 2nd part owner, W E Y L I N. Hotel Weylin was designed by the Waitt operating co. Weymer Hinckley Waitt son of Arthur Manning Waitt was part owner and lived in the hotel with his family for a short time. Weymer H Waitt jr said that the hotel had the biggest apples in the city. J. Thomas Russell became managing director of the hotel in 1921. The same year, while the Volstead Act was law in the United States, two arrests were made at the hotel for selling champagne. Ex-furrier Louis R. Ritter invested in the Weylin Hotel and Paramount Hotel. He built the LaGuardia Hotel at LaGuardia Airport. Ritter sold the Weylin Hotel to two bankers in 1951.
The hotel was purchased by Byro Associates, Inc., a syndicate, in March 1953. The purchase price was in excess of $2,200,000. The syndicate obtained the stock of the Hotel Weylin Company owned by Louis and Charles Loeber. The hotel value was assessed at $1,750,000. It had 340 rooms. Modernization plans were assigned to Holabird & Root & Burgee, Chicago, Illinois architects. There were plans to remodel guest rooms and public areas, with the entire hotel becoming air conditioned.
The Weylin Hotel was remortgaged to the Ponce de Leon Company at 231 East Flagler Street in Miami, Florida for 5 years at 5%; $300,000, in March 1953. The establishment had a prior mortgage of $1,875,000. Hurley & Hughes, architects, charged the Weylin Hotel Corporation $6,500 for alterations in April 1953. Byro Associates, Inc., appointed James Bingham Morris hotel manager in May 1953. Morris began his career with the Prince George Hotel. He formerly managed the Rowe Hotel in Grand Rapids, Michigan, the Brown Palace Hotel in Denver, Colorado, and the Carter Hotel in Cleveland, Ohio. The advertising account for the Weylin Hotel was obtained by the firm of Kastor, Farrell, Chesley & Clifford, Inc., in July 1953.
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