• The Daily Dirt: Hotel workers just got a raise big enough to
make bankers jealous,
The Real Deal

    The Daily Dirt: Hotel workers just got a raise big enough to make bankers jealous

    The hotel union contract that was ratified last week has some New Yorkers reconsidering their career choices. Under the new eight-year agreement between the Hotel and Gaming Trades Council and hotel owners, some New York City hotel workers are on track to become six-figure earners by the early 2030s

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  • NYC’s top deals: Broadway producer sells UWS mansion for
$7M,
The Real Deal

    NYC’s top deals: Broadway producer sells UWS mansion for $7M

    There were 151 transactions totaling $262 million filed in New York City records in the 24 hours before 4 p.m. on Friday, May 29. Commercial: The top commercial real estate deal to hit records in the Big Apple was in Long Island City, where a 23,200-square-foot retail property at 47-15 34th Avenue s

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  • Where New York’s budget landed on real estate,
The Real Deal

    Where New York’s budget landed on real estate

    Nearly two months behind schedule, New York finally has a state budget. State lawmakers approved the $268.5 billion spending plan late Wednesday, with Gov. Kathy Hochul signing much of it into law Thursday afternoon. Buried within the budget’s thousands of pages are several measures poised to reshap

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