Bankruptcy Filings Drop

From WKBW Channel 7 in Buffalo:

A popular Niagara Falls, NY hotel is changing hands. A report in today’s Business First says Canadian Niagara Hotels will buy The Crowne Plaza Hotel on 3rd Street. Last March, a New York City investment trust bid $21 million for the hotel during a court-ordered foreclosure auction. It has been marketing the hotel ever since. Canadian Niagara Hotels has properties in both the U.S. and Canada. The hotel will remain open as it changes hands.

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