John’s Corner: “I told you so” ...Middle East

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John’s Corner: “I told you so”
I hate to say “I told you so”, but in my column a year or so ago, when Minal Shankar, the Wall Street whiz kid who was then expressing an interest in taking on the Sisyphean task of revitalizing the old ruin of the Palace Hotel, I predicted that, however great her enthusiasm and efforts may be, that they would come to naught. I was surprised though, at what exactly brought the no doubt great efforts of she and her crack team of architects, historic preservation experts, engineers, etc. to a halt; that one Jitu Ishwar, the local head of an investment group that apparently owns most if not all of the local large hotel/motels, who became the most recent owner of the Palace when he bought up the

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