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An iconic North Philadelphia hotel will be converted back into apartments as a legal dispute between its current and former owners plays out in court.

Units in the Divine Lorraine, a Victorian tower owned by Susquehanna Structured Capital on the corner of Broad Street and Fairmount Avenue, could be available for lease as soon as April. The more than 130-year-old storied building will offer furnished and unfurnished units.

Six businesses on the ground floor, including a coffee shop, a cocktail bar and several restaurants, will remain open as its owner prepares the building for opening and determines where to set rents.