DEVELOPER Eric Blumenfeld, who said in March he was eyeing the Divine Lorraine Hotel, is making moves to reacquire the once-stately hotel on North Broad Street.

“We’re certainly optimistic that [the owners] will transfer the property to Eric and his company so the building can be redeveloped,” Alan Greenberger, the city’s deputy mayor for economic development, said Friday.

Greenberger said Blumenfeld is about “midstream in the process” of buying the hotel, at Fairmount Avenue.

(via Developer vying to reacquire Divine hotel –