Looking to reserve a spot for your New Year's Eve party? The Renaissance Hotel in Times Square is planning to auction off its third-floor restaurant, which formerly housed the much-maligned Chop Suey, with the bidding starting at $150,000. Spending that kind of money on a lousy restaurant located within a lousy hotel might seem a little strange. (Hey, for the same amount, you could hold a party for five straight nights in the most expensive suite room in town.) But we're guessing the hotel's general manager realizes this, too, since he says he expects "someone from overseas"—someone who's never actually been to the hotel, we're presuming—to ring in with the highest bid.
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