New York Post: NYC hotels slam door on guns following agreement with organized labor
New York City hotels are taking a hard line on firearms in response to the controversial US Supreme Court decision striking down century-old state rules on carrying concealed weapons.
New York Post: Manhattan Holiday Inn sells at a huge loss in COVID trend
The coronavirus pandemic may be ebbing, but the hospitality industry still ain’t doing so hot.
Skift: China’s Hotel Groups Are Bouncing Back
Yesterday we reviewed a positive report on the New York City hotel industry by CBRE, and today the NY Post had a rebuttal from the Hotel Association of New York City.
Wealth Management: Nine Must Reads for the CRE Industry Today (June 24, 2022)
Wealth Management: Nine Must Reads for the CRE Industry Today
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
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.