
A rumor was going around town that the building and adjacent property were for sale, based on a multiple listing that remained on the books after Agha, frustrated with what he felt was foot-dragging by the city over his proposed downtown hotel project, put it up for sale a year ago.
Agha acquired the property at auction in 1995 with an eye toward razing the building and constructing a high-end hotel and conference center on the site at 542 Lighthouse Ave.
He’ll likely sell it if he gets the permits. Hope he loses.




