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Old Posted Dec 21, 2020, 10:11 PM
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Location: Borough of Jersey
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Quote:
Originally Posted by chris08876 View Post
One step closer to reality.

Sounds like they had poor reserves to not muster the pandemic. But... either way, its closure might be a good thing from a redevelopment standpoint.

From past media reports, I doubt they will sale the hotel. So we could be looking at them bringing in a developer partner to redevelop into the larger skyscraper. That's what was being discussed. I'd like to see that proposal.
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