First the models began leaving South Beach
, and now, almost predictably, so is painfully hip hotelier Andre Balazs. According to the Miami Herald
, Balazs is set to sell the Raleigh, which the newspaper describes as "a favorite stop for celebrities and local hipsters."
The sale will take Balazs almost completely out of town. Though his company still operates the Standard in Miami Beach, he sold the property last year.
Is this another sign South Beach is losing its edge? The first strike on another nail in SoBe's coffin?
The Raleigh has hosted a slew of painfully hip events over the years, including Chanel's 2009 Cruise Collection fashion show, the launch of Cavali Vodka, and an exclusive performance by the Gossip during last year's Art Basel. Will the new owner be interested in keeping it a favorite spot of "local hipsters"? Doesn't anyone ever think about the "local hipsters"?