Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’

Sep 28, 2020 No Comments by

Many of New York City’s biggest hotels closed their doors in March when the coronavirus wiped out tourism and business travel. The shutdowns were supposed to be temporary, but six months later, with no potential influx of visitors in sight, a wave of permanent closures has begun. CLICK ON THE HEADLINE FOR MORE

Economy, Hospitality, Retail Read more

Multifamily Executives Worry That Strong Rent Performance Won’t Last

Apr 27, 2020 No Comments by

Down only 5 percent compared to the same period a year ago, the National Multifamily Housing Council’s latest weekly survey showed that 89 percent of renters made payments through the 19th of the month. But industry leaders know it is too soon to breathe easy. CLICK ON THE HEADLINE FOR MORE

Economy, Multi-Family Read more