Commercial Construction & Renovation
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NYC’s Hotel Carter is sold for $190 million

Real-estate tycoon Joseph Chetrit has agreed to buy the 600-room Hotel Carter in New York for $190 million. The deal is expected to close over the next two months. The property, which boasts a prime location near Times Square, reportedly drew 24 other potential buyers including Highgate Hotels, CIM Group and developer Aby Rosen. Read the Hotel Management online story here

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Commercial Construction & Renovation
The Official Networking Group
of CCR Magazine