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1615-17 Various Miami Beach 64 of 172, 3 Terms mh 2 DECO HOTELS 10/19/1998 THE MIAMI HERALD Copyright (c) 1998, The Miami Herald DATE: Monday, October 19, 1998 EDITION: Final SECTION: Business Monday PAGE: 36 LENGTH: 29 lines SOURCE/CREDIT LINE: Herald Staff MEMO: CORPORATE REPORT 2 DECO HOTELS GET MAKEOVERS Miami Beach Vacation Resorts has hired two general contractors to renovate the landmark Crescent and Sagamore Art Deco hotels on Miami Beach. M. Chorowski General Contractor of Bay Harbor will renovate the Crescent, and GS2 Corporation in southwest Miami-Dade is renovating the Sagamore. The architect for both projects is James F. Silvers of Miami Beach. The buildings are being made over into all-suite timeshare hotels. The Crescent is scheduled to reopen in late winter, and the Sagamore in July. Redevelopment financing was from Litchfield Financial.