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Hersha Hospitality Trust to Sell Hotel 373 in Manhattan to offshore investment group
Hersha Hospitality Trust owner of upscale hotels in urban gateway markets, announced that the Company has entered into a definitive agreement to sell the Hotel 373 located in midtown Manhattan. The 70 room hotel is being sold to an offshore investment group for $37.0 million, or approximately $529,000 per key….
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Click here to read the full story: Wall Street Journal