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JMH ditches Long Island City hotels, now eyes mixed-use apartment building
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JMH Development has abandoned its plan to build a five-story, 289-key luxury hotel project in Long Island City. Instead, it will use the same property
Без рубрики
New York investment sales continue to tumble
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Investment sales remain on the decline in New York City, dropping below $17 billion during the second half of last year. Total consideration dropped by
Construction & Design
Hotel developers enjoy a boom in the Big Apple
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The new Margaritavile Resort at 560 Seventh Avenue near Times Square is among the new batch of hotels coming to NYC next year. The 29-story building at
Featured
Airbnb taps security partner for first home-sharing property
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In a move that looks to stymie opponents of home-sharing, Airbnb development partner Niido has announced a deal with smart access platform, Latch.
Green Building
Hotels join NYC carbon challenge
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With hotels filled to capacity as families celebrate the holiday season in New York City, Mayor Bill de Blasio announced that 16 hotels are joining the
Deals & Dealmakers
Will Silverman leaves Savills Studley to lead new investment sales operation for hotel giant
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Will Silverman has left Savills Studley to lead the New York expansion of hotel brokerage, Hodges Ward Elliot (HWE). WILL SILVERMAN HWE is among the world’s
Deals & Dealmakers
Online booking fees keeping some hotel investors on the sidelines
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Independent hotels continue to gain ground against the Marriotts and Hiltons of the world. However, some investors remain on the sidelines, skeptical of
Deals & Dealmakers
Hersha closes on $570M hotel venture
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Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, has closed on the joint venture for seven of the Company’s premium limited
Deals & Dealmakers
Hotel giant HWE hires two more New York veterans for sales expansion
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Hodges Ward Elliott (HWE) has hired two more New York City industry veterans as it continues its push into the investment sales sector. Paul Gillen has
Featured
Shelters are costing home owners
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It’s official. Having a homeless shelter near a residential property can reduce the sale price of those properties by 7.1 percent, a study by the city’s
Debt & Equity
MRC arranges $16M deal for McSam in Long Island City
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Madison Realty Capital (MRC) provided a $16.50 million acquisition and construction financing package collateralized by a partially-constructed hotel development
Residential
Have You Heard: R New York to host poker tournament
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Table Rock House, the 40-acre Rockland County estate that once belonged to William Pierson Hamilton, the great-grandson of Alexander Hamilton, is now on