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The now-shuttered Wagner Hotel, a 298-key hotel a stone's throw from the World Trade Center, is under threat of foreclosure over a $96M loan.
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This week's biggest sales, loans and leases in NYC.
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Hotel owners voiced optimism for 2022, with leisure exceeding 2019 levels and business travel projected to return to full capacity in the coming months.
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The owners of Chelsea's Stewart Hotel plan to convert the hotel by-right into residential amid soaring rents and a limping hotel market.
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Manhattan-based CSC Coliving is taking on the conversion of the hotel at 346 West 58th St.
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The state is pushing back on what it alleges are violations of consumer protection laws via the advertising of artificially low rates.
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For a period between 2013 and 2015, the Kimpton Hotel Monaco held Colorado's record for highest sales price per-key.
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Top deals in the Denver market this week.
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Aspen Hospitality, owner of Colorado's Little Nell Hotel, wants to bring its luxury hotel brand to 10 floors of vacant office space at the Manhattan icon.
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A loan on a hotel portfolio of £519M has been reduced to £200M.
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