CBS 2 NY: Struggling Hotel Industry Asks Mayor Bill De Blasio For Financial Help After Being Hit Hard By Pandemic
New York City’s struggling hotel industry has issued a plea for help. Owners are asking Mayor Bill de Blasio for a financial lifeline to save thousands of jobs.
New York Real Estate Journal: Goldwasser of FIA Capital Partners acts as ownership’s chief restructuring officer for 174-room Tillary Hotel bankruptcy filing
Faced with foreclosure, The Tillary Hotel filed for bankruptcy last month in yet another example of New York City’s hospitality woes.
Hospitality Net: What Happens To All of NYC’s Empty Hotels?
John Fitzpatrick has weathered multiple crises in his more than three-decade career in the hotel industry. He opened his first hotel in New York City during the Gulf War and owned three by the time 9/11 happened.
NY1: What Happens To All of NYC’s Empty Hotels?
John Fitzpatrick has weathered multiple crises in his more than three-decade career in the hotel industry. He opened his first hotel in New York City during the Gulf War and owned three by the time 9/11 happened.
Politico: Ad campaign calls for more city support for hotel industry
A hotel industry group is launching an ad campaign calling on city officials to better support the struggling sector.
The Real Deal New York: Hotel owners ask NY for break on tax penalties
Ad campaign by trade group seeks to rally New Yorkers to cause
THE CITY: Jobs Take a Hit in New York as Local Economy Heads for a ‘Second-Wave Slowdown’
The city’s already slower-than-expected economic recovery from the pandemic downturn has stalled and threatens a see-saw double-dip recession, at least for the early months of the year.
THE CITY: Best Hope for NYC’s Economy in 2021: A ‘Transition Year’ With Modest Gains by the Fall
In a normal September, world leaders would fly to New York to grab a piece of the spotlight at the opening of the United Nations General Assembly, pumping up to $12 million into the city’s hotels alone.