Hotel location becomes key 06/30/09 Before the economy collapsed last September, hotel developers rushed to
do deals in almost any Manhattan neighborhood, from the Financial
District to the Lower East Side to th...
New menu of restaurants ushers in 06/30/09 When the economy is strong, many landlords turn their noses up at restaurant tenants, fearing unpleasant food odors, vermin and noise. But as retail vacancies proliferate across...
No break for retail in Nolita 06/04/09 From the June issue: Since opening her eponymous millinery shop
in Nolita 10 years ago,
Lisa Shaub has witnessed the euphoria of a trendy district on the rise.
But now she's ...
No break for retail in Nolita 06/02/09 Since opening her eponymous millinery shop in Nolita 10 years ago, Lisa Shaub has witnessed the euphoria of a trendy district on the rise. But now she's watching the fall. Shaub...
Too many rooms to fill 05/18/09
From the May issue: New York hoteliers are used to collecting
accolades for their luxurious rooms and top-chef cuisine, but the
economic meltdown is bestowing an unwelcome n...
When flagships call it quits 05/11/09 From the May issue: Manhattan retailers are stuck between a rock and a hard place. The
continued freeze in consumer spending is forcing some retailers to do
the once-unthinkab...
When flagships call it quits 04/30/09 Manhattan retailers are stuck between a rock and a hard place. The
continued freeze in consumer spending is forcing some retailers to do
the once-unthinkable: close desirable ...
Too many rooms to fill 04/30/09 New York hoteliers are used to collecting accolades for their luxurious rooms and top-chef cuisine, but the economic meltdown is bestowing an unwelcome new distinction on the ci...
Double-dip discounting for city hotel rooms 04/28/09 From the April issue: New York City's hotel sector, already
struggling with lower occupancy rates and prices, has a new challenge:
corporate buyers seeking to renegotiate prev...
Landlords keep tabs on job losses 04/16/09 From the April issue: Like most New York landlords, George
Constantin is paying very close attention these days to unemployment
statistics. Constantin recently negotiated rene...
Double-dip discounting for city hotel rooms 04/01/09 New York City's hotel sector, already struggling with lower occupancy rates and prices, has a new challenge: corporate buyers seeking to renegotiate previously set bulk contracts.
Landlords keep tabs on job losses 03/31/09 Go to chart: Private sector employment vs. Manhattan vacancy rate
Like most New York landlords, George Constantin is paying very close attention these days to unemployment st...
Recession strains hoteliers' strategy 03/17/09 From the March issue: The swooning economy is putting a
time-honored hotel industry argument -- that slashing room rates does
not actually boost revenues -- to a high-stakes t...
Shuttered stores get shopped 03/02/09 From the March issue: The consumer-spending drought and rising
tide of retail bankruptcies are creating a boom in business for
companies handling retail lease dispositions, de...
Shuttered stores get shopped 03/01/09 The consumer-spending drought and rising tide of retail bankruptcies are creating a boom in business for companies handling retail lease dispositions, dealing with thousands of ...
Recession strains hoteliers' strategy 02/28/09
The swooning economy is putting a time-honored hotel industry argument -- that slashing room rates does not actually boost revenues -- to a high-stakes test.
If the notion ...
Stores moving to stay in business 02/01/09 Across Manhattan, companies from nightclubs to hair salons to eateries facing higher rents than they can handle are pulling up stakes and moving to less expensive locations. Tha...
For once booming hotel market, tourism now down 01/29/09
As the global economic crisis deepens, fewer tourists are visiting New York, prompting hotel and tourism officials to focus on "value" for thrifty travelers this year.
At...
More quick eats, less upscale fare 01/09/09 From the January issue: When the stock market started its
stunning series of swoons last fall, budget eateries Chipotle and Just
Salad on Maiden Lane were among the few Wall S...
More quick eats, less upscale fare 12/31/08 As 2009 starts, restaurant industry brokers expect inexpensive eateries to continue adding locations to capitalize on demand for lower-priced fare in the economic crisis. Any re...
