The New Yorker: Behind the Scenes at a Five-Star Hotel
For years, employees of the Pierre enjoyed some of the most enviable union jobs in New York City. How much of that will survive the pandemic?
Crain’s New York Business: New York’s business leaders mum on Cuomo scandal
Sexual harassment allegations leveled against Gov. Andrew Cuomo have left New York’s business community speechless.
New York Post: NYC faces crisis of empty hotels amid COVID pandemic
The hotel industry in New York City has taken a major hit amid the ongoing coronavirus pandemic and is in desperate need of saving.
Crain’s New York Business: City hotel owners, council members plead for tax relief for decimated industry
A coalition of hotels and City Council members is asking Mayor Bill de Blasio to suspend the 18% interest rate that hotels will be charged for late property tax payments.
WABC Radio: Cats at Night with John Catsimatidis – Vijay Dandapani Interview
WABC Radio: Cats at Night with John Catsimatidis –
Habitat Magazine: Co-ops and Condos Are Avoiding Property Tax Delinquency
Unpaid property taxes in New York City are soaring as homeowners struggle and the pandemic recession slashes the rents landlords are collecting from both commercial and residential tenants, The City reports. The property tax arrears rose to $1.3 billion in February – 4.5% of the almost $30 billion due, according to figures released by city Comptroller Scott Stringer.
New York Post: NYC lobbyists still make bank despite COVID-19 pandemic
The Big Apple’s lobbying industry proved to be nearly pandemic-proof last year despite the COVID-19 outbreak that ravaged New York City, new records show.
New York City Patch: Unpaid Property Taxes Leap In New York City As Tenants And Landlords Struggle
“We have been warning about the inevitability of this since the start of the cancel-rent movement,” said Jay Martin of Community Housing.