bought by F.F. South & Co was including of building improvements and vacant land. That year long time tenant Buffalo Trading Co closed its store after almost 20 years. In December the catering business which operated in the Presidential Ballroom venue that had been added in 1994 was closed by F.F. South & Co., at that time only a single, just opened, restaurant was operating in the complex. The ballroom had been popular since opening and the company walked away from as much as $1M of business when closed with no advance notice. Church Street Station had been listed as the sixth largest meeting facility if central Florida in July 2001. Haunted? Local restaurateurs who had signed a $14,175 a month lease for the building which housed Lili Marlene's Aviator's Pub and Restaurant in the 1980s backed out claiming the building was haunted in 2005. A letter from their lawyer alleged construction workers had seen ghosts and the owners had failed to inform them. The letter cited their Jehovah's Witness faith. The landlord offered to have an exorcism performed and sued stating there were no ghosts in, on, above, below, or around the property. A ghost tour operator asserted the building was haunted by the ghosts of slain illegitimate children of prostitutes who worked in the Strand Hotel upstairs which had been a de facto brothel. Lou Pearlman President of F.F. South & Co Robert Kling became involved with Lou Pearlman, who came to own the property. Pearlman's legal troubles led to a foreclosure lawsuit. Pearlman's corporate offices for Trans Continental Airlines Inc. in the Church Street Station were seized in February 2007 and its assets went into receivership. Bank of America sought to foreclose on the station property. Pearlman had been running an investment scam alleging access to investment in the employee retirement plan of Trans Continental Airlines, while transferring the money to his other businesses and using it for loan payments. When Pearlman was involved the owner of the property was identified as FF Station LLC, the company filed for bankruptcy protection in February 2007. Also in February 2007 Pearlman's Church Street offices were raided by agents from the FBI, IRS, FDIC and Florida Office of Financial Regulation. Miscellaneous belongings left behind by Pearlman were auctioned off at the Church Street Station on June 12, 2007. When he purchased the property in 2003 Pearlman received a $1.5M economic