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REEL ESTATE

A consortium of investors have announced plans to build a 700,000-square-foot, 15-story Hollywood-esque studio complex in the heart of Manhattan. The $375 million structure — dubbed Studio City New York — could open for business by 2004.

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A consortium of investors have announced plans to build a 700,000-square-foot, 15-story Hollywood-esque studio complex in the heart of Manhattan. The $375 million structure — dubbed Studio City New York — could open for business by 2004.