Last Updated: January 8, 2009 12:22pm ET

Holiday Inn Opens in LIC

By Paul Bubny

NEW YORK CITY-The $31-million, 136-key new build in Long Island City is part of the chain’s $1-billion relaunch program.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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