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The General Services Administration has announced the sale of the Old Post Office Building in Washington, D.C., which previously operated as the Trump International Hotel until 2022. The deal secures public access to the clock tower and preserves the building’s architectural heritage, including artwork like a Benjamin Franklin statue. BDT MSD Partners acquired the property for around $80 million, with plans to sell it for approximately $400 million, while Hilton continues to operate the hotel as the Waldorf Astoria under a long-term lease. The sale reflects efforts to reduce federal property holdings and attract private investment while maintaining historical and public access protections.
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