The Watergate Foreclosure

The Washington complex that was the site of a burglary that led to the Watergate scandal and the resignation of U.S. President Richard Nixon is to be auctioned.
The Watergate, made famous by the 1972 burglary, will be auctioned Tuesday after owners Monument Realty, a Washington real estate developer, defaulted on a $40 million loan balance, The Washington Post reported Thursday.

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