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Chetrit Group Buys Berkeley Carteret Oceanfront Hotel

Asbury Park Landmark Sells for $16M; Chetrit to Renovate, Reopen Hotel in Coming Months
By Dinesh Bahadursingh
April 2, 2007 | 1:40 P.M.

The Chetrit Group acquired the historic Berkeley Carteret Oceanfront Hotel from Daniel Ahn for $16 million, or roughly $64,000 per room.

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