A complicated legal battle over the Flatiron Hotel has come to an end, leaving Robert 'Toshi' Chan free to expand his Hotel Toshi business. DelShah Capital, led by Michael Shah, had made a deal to buy the hotel, but there was one mistake: he made the deal with people who don't actually own the hotel, and therefore have no authority to sell it. Toshi will continue to run the hotel through a lease deal with the owners. [TRD; previously]
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