Bisnow: Short-Term Gain, Long-Term Pain: Rocky Road Ahead For NYC’s Migrant Shelter Hotels
Roughly 16,000 New York City hotel rooms have been taken off the market to be used as shelters to house the migrants that have poured into the city over the past year. What comes next for those buildings when the migrant crisis ends is an open question.
Gothamist: A hotel row in Queens is getting a new look. New affordable housing is part of the mix.
On a recent afternoon, sneakered tourists streamed out of the various hotels located along a quiet stretch of Jamaica, Queens. The Radisson, a Hampton Inn, a Residence Inn by Marriott, and erstwhile JFK Hilton just a stone’s throw from JFK Airport represent the future of affordable housing in the city, as well as what is perhaps a missed opportunity.
CoStar: What the Short-Term Rental Rule and Congestion Tolls Mean for NYC Hoteliers
A new wave of laws and social issues is creating a hospitality landscape in New York City that is different from any other major market.
New York Post: NYC inks $77M emergency hotels contract to shelter migrant families
Mayor Eric Adams’ administration has inked a new emergency $76.69 million contract with the Hotel Association of New York City to provide “last resort” shelter to migrant families
NY1: New York City signs $77M contract with hotels to house migrant families
The city has finalized a nearly $77 million emergency contract to shelter migrant families at 15 hotels in Brooklyn, Queens and the Bronx, officials said Wednesday.
Harlem World Magazine: Mayor Adams Praised For Future-Focused Vision In Third State Of The City
New York City Mayor Eric Adams yesterday outlined a future-focused vision for working-class New Yorkers in his third State of the City address, delivered at Hostos Community College in the Bronx.
The Wall Street Journal: Businesses Eye Possible Political Protests as Looming 2024 Risk
In 2024, the U.S. election season will enter full swing against a backdrop of political polarization. With tensions high—and partisans frequently taking their grievances to the streets—some business leaders and advisers are looking warily at the risks.
Skift: U.S. Holiday Travel Season May Be Largest Ever
A large number of Americans are planning to travel this holiday season. How many? Roughly 115 million, according to the latest forecast from AAA, which predicts this holiday season will be one of its largest on record.