Extell taps Hyatt to anchor Times Square supertall
Hyatt Hotels will carry the torch for Gary Barnett’s Times Square supertall. Extell Development tapped Hyatt as the hospitality partner of the Torch at 740 Eighth Avenue, the Commercial Observer reported. Hyatt’s StandardX brand, which doesn’t have a presence in North America to this point, will mak
Pied-à-terre tax twist: Primary resident hit with $47K surcharge
Jason B. wasn’t too worried when the Department of Finance told him the pied-à-terre tax on his Park Slope row house would be $47,504. It’s a mistake, he thought, and he would just prove it’s his full-time residence. Even when he was confused by the exemption application, he didn’t fret. Mayor Zohra
Open-Air Centers Thrive As Enclosed Malls Expire
Enclosed malls were created to shield shoppers from the elements. But years after their debut, shoppers have voted with their feet in favor of open-air retail centers.
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