abc News 10 Albany: Advocates make end of session push for lawmakers to pass legislation providing affordable housing to homeless
Only four session days remain at the New York State Capitol for lawmakers to get bills passed this year. One measure that’s being considered would help convert shuttered and rundown hotels into affordable places for people experiencing homelessness to live. It’s called the Housing Our Neighbors with Dignity Act, or HONDA.
The Wal Street Journal: A Supertall Modular Hotel Is Going Up in Manhattan, If the Rooms Ever Leave Brooklyn
The world’s tallest modular-construction hotel was created to rise 26 stories over Manhattan. The guest rooms were built in a Polish factory and arrived fully finished in New York, where they would be stacked in a matter of weeks.
Law360: Airbnb Criticizes NYC Bill To Tighten Short-Term Rental Rules
A New York City bill proposing stricter short-term rental regulations drew pushback from Airbnb, which argued the measure could hamper the city’s recovery from the pandemic and said officials should instead focus on requiring booking platforms to collect taxes.
Bisnow: Real Estate Anxieties Ease As NYC Mayoral Moderates Pull Ahead
Voting in the New York City mayor’s race is less than two weeks away, and a few candidates are starting to pull in front. Real estate players are breathing a cautious sigh of relief that the Democratic candidates considered moderates — Brooklyn Borough President Eric Adams, Kathryn Garcia and Andrew Yang — are seemingly gaining traction.
Forbes: Park Hyatt New York Sets The Tone For Post-Pandemic Travel – And Sets The Bar High
Be prepared for a surge in luxury travel. As the holiday weekend proved, people are eager to get back out there and they’re willing to spend more to feel safe and well cared for.
HOTELS Magazine: Briefs: Tax break for NYC hoteliers | EU moves to reopen borders
Tax break for NYC hoteliers: Much-needed relief for New York City’s hotel industry materialized on Wednesday when Mayor Bill de Blasio signed an Executive Order eliminating the 5.875% hotel room occupancy tax rate for three months, starting June 1 through the end of August.
Tucker Tourism News: Tourism returns to NYC a lot to the delight of the hospitality trade
As the city is awakening from the long pandemic, some of the most iconic places are now open for business.
Travel Pulse: NYC Temporarily Eliminating Hotel Room Occupancy Tax To Boost Tourism
With COVID-19 infection rates significantly diminished and most of its state’s pandemic-related restrictions now lifted, New York City is eager to jumpstart its economy and rekindle tourism. To that effect, mayor Bill de Blasio has just announced an executive order that will suspend the city’s 5.875-percent hotel room occupancy tax for a three-month period, beginning June 1.