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In the property that was the old Monticello, the new Graham is a sophisticated take on a boutique hotel. The look is restrained, with lots of taupes, browns and marble in the public areas. Rooms and suites—all with CD players/radios—use grays, with carefully chosen splashes of color, and checks and patterns that blend well and are never loud. The expansive rooftop bar, the Observatory, has great views and is set to be a major asset.