Stuart Rubin this month asked the court to toss Stiffelman's complaint because of alleged deficiencies in the ways it was written. “I think Gary felt threatened when he thought he was going to lose his assets when the project went over budget, and it just went over budget,” he said. A "valuable" projectīerman, Stuart Rubin's attorney, said he thinks Stiffelman's suit is possibly a way for him to untangle himself from the project. In the lawsuit, Stiffelman claims that $50 million has already been spent on the project and it needs another $25 million to be completed. But Stuart Rubin said in July he estimated the first phase would cost even more - $100 million. When that didn't happen, a new opening date in time for the 2019 Coachella festival was announced, but that also was not met. The project was initially slated to open in time for the 2018 Coachella music festival. The site is partly developed after breaking ground about three years ago, with some structures still going up. View Gallery: Peek at pot-friendly hotel coming to Coachella
#WHO OWNS HOTEL INDIGO PLUS#
With a campus of about 50 casitas comprising 250 rooms and a 10,000-square-foot saltwater party pool plus an on-site spa, health club, and yoga studio on a 35-acre site, the hotel has been touted as a way for the city of Coachella to help capture some of the tourism tax dollars that flow largely to the west part of the valley. The property is next to The Lighthouse, a cannabis dispensary co-owned by Joseph Rubin that recently opened a second location in Palm Springs. The sprawling resort-style Hotel Indigo project has been billed as a "modern luxury oasis" and is on a swath of land along Avenue 48 off Interstate 10 along the municipal border between Coachella and Indio. Stuart Rubin's attorney, Laurence Berman, called the complaint "baseless." A case management conference and hearings in the case are scheduled for late April. The complaint also alleges Stuart Rubin was using funds to support his "lifestyle." Stiffelman says that while the project cost was ballooning, Stuart Rubin was spending six figures on his daughter’s wedding and leasing a Bentley Betnagya, a $165,000 vehicle. “Relying on the ruse of personal friendship and touting his own purported financial wealth, Rubin induced Stiffelman to invest his time, money, reputation, and personal guaranties in the development of a hotel that Rubin and his son Joseph subsequently sabotaged by their incompetence and fraud,” the lawsuit, which was filed in October, says. His suit says the still-incomplete project has blown through two separate $25 million budgets. Once close friends who were neighbors on the same street in Beverly Hills, Stiffelman alleges Stuart Rubin cajoled him to dump increasing amounts of money into Hotel Indigo and to guarantee debts for the project even though it was failing to come together. Gary Stiffelman, who is one of the initial investors in the Hotel Indigo, filed a 25-page lawsuit in Superior Court in Los Angeles County bringing multiple claims against Stuart Rubin, his son Joseph Rubin, the family’s trust, and the hotel’s business entity, Glenroy Coachella Holdings LLC. This collaborative approach allows us to provide our global clients such as IHG with bespoke solutions consistently across their hotels around the world.A developer of what is supposed to be the first hotel in the city of Coachella is suing his business partners for $50 million, alleging that he’s on the hook for millions of dollars after the project’s budget was squandered by “incompetence and fraud.” "Hypnos are the only bed manufacturer approved to supplyĮxtensive network of global representatives service and supply our clients in their locality. Great retreat for all kinds of artists, mostĪfter exploring beautiful culturally rich Solutions consistently across their hotels around the world."Ĭity. Us to provide our global clients such as IHG with bespoke
OurĮxtensive network of global representatives service and supply The world's four largest international hotel groups. Olivier Brommet, Director of Global Businessĭevelopment, Hypnos Contract Beds explains why, “Hypnos are the only bed manufacturer approved to supply Hypnos beds can be found in Hotel Indigos across the UKĪnd Europe. One thing in common, and that is to provide exceptionalĬustomer experience, which includes a great night’s sleep. Every Hotel Indigo has its ownĬharacter, no matter where in the world, but they all have
Peace of mind and consistency of staying with one of theīecause no two neighbourhoods are alike, neither are any Each Hotel Indigo delivers authentic localĮxperiences, modern design and intimate service with the The first Hotel Indigo opened in 2004, today this wonderfulīoutique hotel brand from IHG can be found all over
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