Monday, June 04, 2007

"Magic" Johnson & the Hinckley Hilton

"Magic" Johnson is buying the "Hinkley Hilton."

The NBA legend is part of a team of Los Angeles investors buying the Hilton Hotel near DuPont Circle in Washington, DC. It was the scene of John Hinckley's assassination attempt on President Reagan. From the Washington Post:

It was after addressing a union convention at the hotel on March 30, 1981, that President Reagan emerged from a side door on Florida Avenue NW. Hinckley -- a 25-year-old gunman who later said he was trying to impress the actress Jodie Foster -- opened fire, wounding the president and his press secretary, James Brady. The president recovered, but Brady was permanently disabled. The incident left the hotel with the local nickname "the Hinckley Hilton."
"Magic" and the other investors are shelling out $290 million for the historic real estate and launching a $100 remodeling project. (WaPo)

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