A Monument is Acquired by Monument, Closes

The Watergate hotel is closing.

    Monument Realty has completed its purchase of the historic Watergate Hotel.

    Monument says it will change the name of the hotel to the Belle Rives and plans to transform the Watergate into 133 residences by 2006.

    Monument says they will range in price from $700,000 to more than $3 million for a three-bedroom penthouse.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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