03/18/2010 05:12 am ET Updated May 25, 2011

Hotel Bars Making A Comeback In New York

On a recent Friday night in New York City, just north of Madison Square Park, the Ace hotel's dimly lit lobby was buzzing. In one corner, beneath a gigantic vintage American flag hanging from the lofty ceiling, a group of glossy magazine editors sat around a large rectangular table having a boisterous conversation.

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