Boscov Asks Reading To Take $1 Million Loan For Proposed Hotel

Retailer Albert R. Boscov, whose nonprofit Our City Reading is trying to get financing for a four-star Doubletree Hotel along Penn Street, asked City Council on Monday to approve a $1 million federal loan as part of the package.

“If you can help us here, I promise you a hotel,” Boscov told council members.

Council is slated to vote on the deal Monday.

Read more:   http://readingeagle.com/article.aspx?id=432953

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