The Regina is a plain but sturdy and serviceable three-star hotel on a main commercial street (Via Cesare Corretti), just south of the centro storico (the historic center).

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East of Commercial Drive, things are a bit edgier, as is south of Main Street (SoMa), but both are filled with alterna-boutiques, galleries and restaurants.

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In 1985 the South Dakota native cofounded Green Street Advisors, a research outfit that publishes an influential commercial property index.

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Residential and commercial rents, even in New York City, are down--not, perhaps, south of 14th Street in Manhattan, but elsewhere in the city, mere mortals are negotiating better deals with their landlords, or moving to neighborhoods they had thought were out of reach.

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