Thursday, November 15, 2007

Trump not bidding on Garden City Hotel

Bids for the Garden City Hotel were supposed to be due Wednesday but the owners said the property has inspired such widespread interest that they decided to keep the door open.

The hotel, which was put on the block following the death of hotelier-patriarch Myron Nelkin, has been toured by potential bidders including Scott Rechler, of RexCorp Realty, to Manhattan-based magnate Donald Trump.

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