Hotel Williamsburg Sale Sets $520K Per-Key Record

By Kaitlin Ugolik (March 15, 2012, 7:15 PM EDT) -- Graves World Hospitality and KSK Construction Group have sold a 64-room hotel in Brooklyn to King & Grove Hotels for a record-setting $520,000 per room, indicating that the borough could be on the edge of a hotel renaissance, real estate attorney Joshua Stein said Thursday....

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