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The Chelsea Hotel lobby today
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by Charlie Finch

The New York tabloids are currently sticking the fork in the Chelsea Hotel, now that it is being turned into apartments. The big revelation from the New York Post is that longtime Chelsea major domo Stanley Bard, famous for trading living quarters for art, actually overcharged his tenants all those years ago, with those still in residence complaining that Bard charged them a cool grand in 1970 for 100 square feet worth about $40 at the time.