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Manhattan's Plaza Hotel will be restored to "the grand hotel itwas" under the ownership of billionaire real-estate investor Donald Trump, who has acquired the landmark establishment for $390 million, a spokesman said yesterday.
The 1,000-room hotel, built in 1907 at Fifth Avenue and Central Park in the style of a French chateau, will retain its name, said Trump, who has added his own to the marquees of several other real-estate buys, including a Trump Plaza in Atlantic City.
Trump promised to improve...