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Archive Home > 2009 > July > 22 > No bidders for iconic Watergate Hotel

No bidders for iconic Watergate Hotel

By The Associated Press / The Bulletin
July 22, 2009

WASHINGTON — The Watergate Hotel, part of the complex made famous by scandal, failed to attract any bids at auction Tuesday and was taken back by the lender that held the $40 million note on it.

PB Capital Corp. took back the property after the auction opened at $25 million to a silent....

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