Television station WTVJ (channel 4, now 6) originally had its transmitter atop the hotel when it signed on the air in 1949.[citation needed]
In September 1957, Miami real estate developer Vaughan Connelly bought the hotel for $2 million ($21.7 million in 2023).[2] He subsequently took out a mortgage on the property from the Teamsters Union, who foreclosed on the mortgage and acquired the property in 1960.[3] By April 1963, Connelly was bankrupt.[4] In May 1964, Connelly testified in court that he was required to pay 10% of the amount he borrowed from the Teamsters, then led by Jimmy Hoffa, as under-the-table commissions.[5] Hoffa was convicted of fraud for his involvement with loans and kickbacks, including for the Everglades Hotel.[6]
The building was demolished on January 23, 2005, to make room for new construction. The new hotel was originally named Everglades on the Bay; it was later renamed Vizcayne.
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