Washington, D.C.

Watergate-Gate: Famous Hotel on the Auction Block 

The Watergate Hotel, a Washington, DC landmark brought to international prominence by the 1972 burglary of the Democratic National Committee headquarters — which ultimately led to the resignation of President Richard Nixon — is on the auction block. Owner Monument Realty defaulted on its loan for the building, and a 30-day city notice of foreclosure that expired Thursday lists a $40m outstanding balance.