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Real Estate Rumors: Blackstone, NYC Law, Sam Chang

By Andrew McIntyre (February 17, 2016, 12:47 PM EST) -- The Blackstone Group LP has purchased a Club Quarters Hotel in Boston from hotel operator Masterworks Development Corp. for roughly $75 million, according to a report on Wednesday from the Boston Business Journal. The 178-room property, an extended-stay hotel targeting business and corporate guests, is located at 161 Devonshire St., close to the Elephant & Castle pub and restaurant, according to the report....

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