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With fewer galas and more customers cutting back, the shop in the upscale Mazza Gallerie in Northwest Washington is closing after 30 years.

Declining demand from companies seeking new space forces building owners to push down rents to fill empty space.

At first glance, Silver Spring-based Choice Hotels looks well-positioned to take advantage of the current economy.

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| Annette Polan of Northwest Washington is no struggling artist. Last year, the 60-something pocketed a cool $200,000 for painting people's portraits.

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Elizabeth Razzi writes about the local housing market.

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