Gurney’s buys out timeshare owners to take full control of Montauk hotspot George Filopoulos, owner of Manhattan-based Metrovest Equities, approved a plan to buy out the timeshare owners of Gurney’s Montauk Resort and Seawater Spa to take full control of the inn. Filopoulos, with his company 290 Old Montauk Highway Associates, bought the oceanfront resort in 2013. CBRE appraised the property at $84 million and Filopoulos’ company used that number to calculate the amount each shareholder will get […]
source https://therealdeal.com/2018/04/10/hamptons-cheat-sheet-gurneys-buys-out-timeshare-owners-to-take-full-control-of-montauk-hotspot-more/
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