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Nothing is the same for CRE in the wake of the pandemic. Much of that is good news.
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Builders are seeking the city's OK to change interior room finishes, including paint colors, light fixtures and appliances.
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The announcement will allow Trump to move forward with a $375M deal for the hotel his company operated throughout his presidency.
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A judge has ruled that a lawsuit against the city from three hotel developers can continue — although it faces an uphill climb.
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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.
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The property is slated to change hands and the new owners want a hotel there.
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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%.
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Hotel transactions have started 2023 strongly, but 2022 saw a slump in deals in the second half of the year.
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Allied Partners filed two separate lawsuits against New Jersey-based Kevin Gore and Elvis Torres, who manages Ortus Engineering.
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A hotel in Downtown Brooklyn is almost ready to open — but might change hands first via a foreclosure, after allegedly defaulting on its $30M mortgage.
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