Wealth Management: Nine Must Reads for the CRE Industry Today (June 24, 2022)

June 23, 2022 

 

Trade Group Slams Report Forecasting NYC Hotel Rebound “The city’s hotel industry didn’t roll out the welcome mat for a sunny forecast from CBRE which claimed that pandemic-battered inns are doing just fine. Hotel Association of New York City president and CEO Vijay Dandapani threw shade on the real estate company’s rosy forecast as his organization lobbies for a big cut in the city’s hotel occupancy tax from 5.875 percent to 2.875 — as well as for reduced property taxes.” (New York Post)