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What's Up With Towson? Closings?

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On a recent trip in to Towson to get take out from Kabab Hut (very yummy, by the way) I noticed Olive and Sesame was gone, Paolo's was gone, the ice cream place on the corner of York and Pennsylvania was closed, other empty shops, and a general sense of gloom in the area. I'm glad the new Pho place is there, but besides the general economic slowdown, did I just walk down the wrong block or what???

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