The proposal would restore the century-old Rendon Hotel and add a 15-story tower/expansion on a surface parking lot next door.
Nothing is the same for CRE in the wake of the pandemic. Much of that is good news.
Builders are seeking the city's OK to change interior room finishes, including paint colors, light fixtures and appliances.
The announcement will allow Trump to move forward with a $375M deal for the hotel his company operated throughout his presidency.
A judge has ruled that a lawsuit against the city from three hotel developers can continue — although it faces an uphill climb.
New York signed a package of new gun laws this month, aimed at pushing back against the U.S. Supreme Court's reversal of a 100-year-old gun restriction.
The property is slated to change hands and the new owners want a hotel there.
The Hotel Association of New York City is pushing the mayor and city council to drop the hotel occupancy tax rate to 2.875% from 5.875%.
Hotel transactions have started 2023 strongly, but 2022 saw a slump in deals in the second half of the year.
Allied Partners filed two separate lawsuits against New Jersey-based Kevin Gore and Elvis Torres, who manages Ortus Engineering.
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