"The number I heard quoted was $50M for Chetrit to spend on refurbishing
the Berkely Carteret...that is on top of the $16M they spent to acquire
it. I heard they intend to go top notch all the way..."
   
  Wow, that is a lot.  We will see how far they go.  I saw trucks with 
furniture being delivered  few weeks ago, so i guess their not doing too much 
work to the rooms themselves.  Maybe they dont need it.  

       
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