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    Elysian Hotel is Sold….New Name: Waldorf Astoria

    The Elysian hotel has finally found a buyer in billionaire Sam Zell, with the highest price per room ever paid in Chicago. Details on the transaction via Crain’s:

    Don’t look for the Elysian name to remain however – Zell plans to bring in the Waldorf Astoria brand. (Picture courtesy of The Elysian Hotel & Spa)