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Tommy Hilfiger finally closed the deal on the Raleigh this Friday. How much he bought it for we're not sure exactly, however renovations for the 105-room hotel will begin around January 2015, according to the Business Journal. Enjoy The Raleigh as is during Swim Week this year, folks, because who knows what this new "Hilfiger Hotel" will look like come next year. [South Florida Business Journal]