Latest Articles Tagged "hotels"
It’s the first hotel-to-housing transformation in New York City under a 2021 program intended to ease those kinds of conversions.
Lawmakers in Albany have doubled the amount of funding meant to incentivize developers to convert disused hotels into low-cost housing and removed regulatory hurdles. But questions remain over whether it’s enough to make a difference.
The pandemic upended New York’s hotel industry. Some disused buildings are finding new life as shelters for people experiencing homelessness.
Most of the city’s hotels have reopened and tourists are coming back to New York. But the industry’s recovery is uneven because the numbers are still nothing like they were pre-pandemic.
"Everything has changed except how they run the shelters."
Hotel owners said the quarantine deterred visitors and made it harder for them to hang on during the coronavirus pandemic.
City officials have reached an agreement with the Hotel Association of New York City to extend an existing contract, according to two sources familiar with the matter.
A complaint alleges that 13 people and entities misled guests into illegal, unsafe short-term rentals.
It's unlikely there will be any tears shed for the Grand Hyatt, at least in its current form.
New Yorkers don't need a truffle and gold-topped bagel to be charitable, but here it is nevertheless.