Last Updated: December 12, 2007 12:55pm ET

Jay-Z Gets $66M Site for Five-Star Hotel

By Natalie Dolce

NEW YORK CITY-The entertainment mogul, and partners from CB Developers and SK Development Group plan a 150,000-sf hotel, and a flagship for new brand, J Hotel.

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BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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