It's the fabulous Kon-Tiki Hotel, former Mafia hangout and object of young Deuce's desire whenever his family would visit. Unfortunately, it was "too expensive" ("$28 for 2 / INCLUDES BREAKFAST"--and this photo's from 1991!), so we always ended up staying up Van Buren at the Tahiti Inn motel.
Maybe it wasn't the price they were afraid of: more than one bullet-filled Mafia ne'er-do-well was found dead in a Kon-Tiki stairwell, with something nasty stuffed in his mouth. Now Van Buren's pretty much deserted and the Kon-Tiki fell to the wrecking ball not long after this photo was taken.
I really hate it when that happens.