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Investor Acquires Hotel Traylor, Mulls Condo Conversion

Allentown Hospitality Property Trades for $4 Million
By Edward Kennedy
January 15, 2008 | 3:47 P.M.

Joe Clark of Lehigh Landholdings Inc. acquired the historic Hotel Traylor, at 1444 Hamilton St. in Allentown, PA, through a buyout of Harold Fulmer's Lehigh Valley Economic Development entity for $4 million, or about $22,200 per unit.

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