![Talbott Hotel](https://sterlingbay.com/wp-content/uploads/2016/09/talbott_hotel_sterling_bay_ext_01.jpg)
Talbott Hotel in Gold Coast selling for $50 million
The Gold Coast’s Talbott Hotel is selling for the first time in 50 years, with a venture of Chicago real estate firms Sterling Bay and Conlon & Co. set to buy it for about $50 million.
The 16-story, 149-room boutique hotel at 20 E. Delaware St. has been owned by Basil Kromelow since 1965, when he bought it along with his father, the late Jack Kromelow.