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.
Bisnow: ‘Not Out Of The Woods Yet:’ NYC Hotel Market Is In For A Rough Start To 2021
2020 may be over, but the pains of the coronavirus pandemic that have ravaged the hotel sector in New York haven’t gone away.
Law360: Impax Investors’ Drug Price-Fixing Suit Revived By 9th Circ.
The Ninth Circuit partially revived a shareholder suit Monday alleging generic-drug maker Impax Laboratories Inc. participated in a price-fixing scheme that led to a dip in the company’s stock price, finding that the investors sufficiently alleged the cause of some of their economic losses but missed the mark on others.
Crain’s New York Business: William Vale Hotel lays off workers amid industry’s ongoing struggle
Employees at Williamsburg’s trendy William Vale Hotel have been hit with a round of layoffs, yet another sign of how badly the city’s hospitality industry is struggling amid the pandemic.
New York City Patch: 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.
Politico: New York Playbook Newsletter
Politico: New York Playbook Newsletter By Erin Durkin and