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Downtown boutique hotel sells for $60M

NYC company with $35B in assets now owns Holston House on Seventh Avenue

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Sherwood Equities Sells Renaissance Hotel Times Square to Apollo and Newbond Holdings – Commercial Observer

Apollo and Newbond Holdings are the new owners as the 200,000-SF, 317-key hotel changes hands for the first time since 1985.

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Bus travel grows as fuel soars, airfares leap

Bus travel grows as fuel soars, airfares leap
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