Hotel union deal puts NYC owners on notice
This week, New York’s hotel industry agreed to one of the richest labor deals in the city’s hospitality history. Owners are already bracing for the bill. The Hotel and Gaming Trades Council reached a tentative eight-year contract with hotel operators covering nearly 30,000 workers across more than 2
The Daily Dirt: Hochul’s budget delays keep NYC real estate in flux
Gov. Kathy Hochul’s chaotic rollout of the state budget is keeping real estate on its toes. Nearly two months after the deadline, New York lawmakers still haven’t approved a full budget agreement, including two proposed taxes that, if enacted, would significantly impact the industry. Earlier this
NYC’s top deals: UES co-op sells for $13M
There were 168 transactions totaling $258 million filed in New York City records in the 24 hours before Friday, May 22. ? Commercial: The priciest commercial deal to hit records was in Williamsburg, where a mixed-use property at 499 Grand Street traded for $7.5 million. The seller was an LLC tied to
Categories
Recent Posts
