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NEW YORK CITY-With the real estate market in the US continuingin a slump, hotel and restaurant developer Sant Singh Chatwal hasannounced plans to expand his empire starting with the launch of an83-room luxurious Chatwal brand hotel in the Theater District. Theproject is estimated to be worth over $100 million.

Chatwal's restaurant development company also has plans to openexpand the Dream and the Night brand of hotels in South Beach,Miami and in Chelsea, NoHo. For the full story, go toWall Street Journal.


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