The developer that last year bought the historic Presidents Hotel Apartments in downtown Palo Alto with dreams of turning the property into a boutique hotel has given remaining tenants until Jan. 31 to vacate, Palo Alto Online reports.
The letter from Adventurous Journeys Capital Partners to residents arrived three days after the City Council on Dec. 10 decided not to pass an “urgency ordinance” the developer was seeking. The ordinance would have aided AJ Capital Partners, the parent company for…
