| May 20, 2004 - NCL will be returning to the Big Apple after just completing
a successful sale of the contents of the Regent Wall Street Hotel.
NCL has signed an agreement with Manhattan based developers to liquidate
the contents of the luxurious Five Star InterContinental Central Park South
Hotel prior to its conversion to a 65-apartment co-op. The entire
contents
of the 208-room hotel will be sold via a giant tag sale to the general
public at the hotel property beginning Saturday, May 22nd.
On June 3rd, NCL will begin the liquidation of the entire contents of the 146-room Holiday Inn Madeira Beach. Owners TW/Beach Residences Madeira LLC have decided to close the hotel on May 31st and NCL was selected to empty the building prior to its demolition in late June. Luxury condominiums are planned for the site.
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