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Chinatown NYC: Chinatown Hotel Market Thriving

In the immediate aftermath of the terrorist attacks on Sept.11, 2001, Chinatown was floundering. Only 10 blocks from ground zero, the immigrant enclave was without telephone service or public transportation. Thousands of residents were out of work and garment factories, once a critical component of the local economy, shut their doors. There was grave concern that the area, like rest of Lower Manhattan, would be unable to recover.
Yet today, Chinatown is experiencing a boom in hotel development that would have been........ read more