Developer Eric Blumenfeld Takes Control of Divine Lorraine

Developer Eric Blumenfeld—the man with a lofty vision for revitalizing North Broad Street—got control of the Divine Lorraine on Tuesday. Bluemenfeld was the only bidder at the city’s monthly Sheriff’s sale to make a run for the building. He bought an outstanding note on the empty hotel for an undisclosed price. On Tuesday, he took the title and agreed to pay off city taxes and other liens. Together, the mortgage and the liens totals more than $8 million. [Inquirer]