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June 22, 2012

$10M rehab for Providence hotel

PROVIDENCE, R.I. (AP) — The Biltmore Hotel, whose red neon sign lights up the modest Providence skyline, is celebrating its 90th anniversary as a new owner undertakes a two-year $10 million renovation.

The iconic building recently was purchased for $16 million by a Boston firm, bringing the property out from under the control of a state receiver.


 
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