Hank Freid, who owns a former Columbia dorm at 230 West 101st Street that he transformed into the Broadway Hotel and Hostel, says he will not sell his property despite the fact that he frequently receives offers from developers like Bruce Ratner. Freid recently completed a multimillion dollar renovation of the property, which offers beds in shared rooms for $30 a night. more [Crain’s]
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Holding on to an UWS hostel
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