Pied-à-terre tax rollout challenge tossed by appeals court
Second homeowners will not be getting a pied-à-terre tax reprieve. Four justices of the New York Supreme Court’s Appellate Division on Wednesday overturned the lower court order by Judge Wayne Ozzi that the city scrap its rollout of the controversial second home surcharge, remove the supplemental ro
Aby Rosen checks out of 11 Howard
Aby Rosen is out at 11 Howard. Rosen’s RFR Holding handed the luxury Soho hotel back to its landlord this week after a judge ordered the firm to surrender the property. Ennismore, the hospitality group backed by French hotel giant Accor, has taken over as operator. The handover ends a bitter standof
KSL Capital Partners eyes $100M deal for Marram Montauk
KSL Capital Partners hopes to score a tidy profit with a sale of a prominent Montauk hotel. The Denver-based investor is marketing the Marram Montauk at 21 Oceanview Terrace, Bloomberg reported, tapping Eastdil Secured Savills to lead the process. An asking price wasn’t disclosed, but KSL is reporte
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