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ft NY Sonesta.
A portfolio of four Manhattan hotels traded hands in a deal that could reflect how far property values have fallen in the struggling sector. Massachusetts-based Sonesta International Hotels purchased the Benjamin, the Shelburne Hotel & Suites, the Gardens Suites Hotel and the Fifty Hotel & Suites from Denihan Hospitality Group, the company announced Wednesday.

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  • Business, economics, society 100.00%
    • Companies, industries, organizations 72.29%
    • Labor issues 27.71%

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