Apparently, Tommy Hilfiger is in the process of negotiating to purchase The Raleigh, according to Miami.com and WWD. What this means for Michael Schwartz' restaurant is unclear as of yet, though Miami.com reports that "an insider jokes" about the bar being torn down. Curbed, however, reports that Sam Nazarian's SBE will continue to manage the hotel. Stay tuned for more details. [Miami.com; WWD]
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