Wealth Management: Nine Must Reads for the CRE Industry Today (June 24, 2022)
Wealth Management: Nine Must Reads for the CRE Industry Today (June 24, 2022) June 23, 2022 Trade Group Slams Report Forecasting NYC Hotel Rebound “The city’s hotel industry didn’t roll out the welcome mat for a sunny forecast from CBRE which claimed that pandemic-battered inns are doing just fine. Hotel Association of New York City president and […]
Gothamist: Can NY’s plan to convert hotels into affordable housing help alleviate homelessness? Some hope it will.
A year ago, Gov. Kathy Hochul and state lawmakers set aside $100 million to encourage real estate developers to take New York City’s vacant and underutilized hotels that were struggling due to a lack of guests during the pandemic and turn them into permanent housing for the homeless and low-income residents. Not one hotel has been converted under the program so far.
Hotel Business: HB on the Scene: Q+A with Vijay Dandapani of HANYC
Hotel Business: HB on the Scene: Q+A with Vijay Dandapani of HANYC June 15, 2022 Hotel Business VP, Content & Partnerships Christina Trauthwein sits down with Vijay Dandapani, president/CEO, Hotel Association of New York City (HANYC), to talk about how the city is bouncing back, plus, she gets his thoughts on the changing workforce.
City Limits: After a Year of Missed Opportunity, New York Revises Sputtering Hotel-to-Housing Plan
Late last September, mayoral candidate Eric Adams campaigned in front of a boarded-up hotel in Sunset Park, describing it as the kind of place he wants to see turned into affordable housing through a $100 million state fund.
The Real Deal: NoMad hotel market set for 25% property boost
NoMad is slated for the debuts of several new hotels that could bring a business boost to the area not accustomed to large amounts of tourists.
New York Social Diary: Rolling out the Red Carpet
NYC’s storied hotel industry celebrated an eagerly anticipated return to the spotlight during its annual “Red Carpet Hospitality Gala” hosted by the Hotel Association of New York City Foundation at Mandarin Oriental in Manhattan. The sold-out event drew hundreds of attendees as the HANYC Foundation honored Hilton Executive Vice President and Chief Human Resources Officer Laura Fuentes and John Gore Organization President and Broadway League Chair Lauren Reid. Loews Hotels Chairman & CEO Jonathan M. Tisch introduced the honorees.
Crain’s New York Business: Fleet Week inaugurates Memorial Day weekend in the city
Crain’s New York Business: Fleet Week inaugurates Memorial Day weekend in the city
The Jewish Voice: NYC Vying to Host 2024 Democratic Nat’l Convention in Hopes of Aiding Economy
As reported by Crain’s NY, Mayor Eric Adam’s administration announced that the city submitted a request to host the Democratic National convention, before the May 27 deadline. “What we will say to the DNC: New York is ready to make this the smoothest, best-run and sophisticated National Convention they’ve ever seen,” said Frank Carone, chief of staff to the mayor, while he stood alongside Adams as well as leaders from the Economic Development Corp. and NYC & Company. “And we say that humbly.”
Hotel News Now: Hilton Doubled Down on Supporting Team Members During Pandemic
While the pandemic led to tough decisions around layoffs and furloughs at Hilton, the company has doubled down on its retention and recruitment efforts during the crisis, seeking to convince job seekers that they can come to Hilton and thrive.
Crain’s New York Business: 2024 Democratic National Convention could be an economic boon
Economic benefits are expected to abound, especially for the ailing hotel industry, if New York City is awarded the 2024 Democratic National Convention.