Hotel employees get big raises, Trump lands $200M D.C. hotel development deal … and more

TRD New York /
Feb.February 08, 2012 05:00 PM

1. Trump lands deal for $200M redevelopment of D.C.’s historic post office into luxury hotel [Post]
2. NYC’s hotel operators agree to give pay raises, better benefits and panic buttons to hospitality workers [NYT]
3. Fannie Mae nearly launched a mortgage principal write-down program in 2010 [WSJ]
4. Sale of Elaine’s restaurant closes for $8M [NYO]
5. Rounding up the bevvy of new developments and commercial leases in Astoria [QGazette]
6. Municipal agency that oversees Lower Manhattan development cuts five of seven staffers [Downtown Express]
7. To cure Penn Station, MSG must be moved to Javits Center, architecture critic says [NYT]
8. Mortgage controversy will bring booming bank stocks back to earth [Forbes]
9. Rather than moving to New York, Financial Times publisher will open new offices in Hoboken [Bloomberg]
10. Study finds MegaBus fleet is too heavy to legally use Manhattan streets [DNAinfo]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Tillary Hotel at 85 Flatbush Avenue (Image via Kutnicki Bernstein Architects)

Isaac Hager’s Downtown Brooklyn hotel heads to foreclosure

Isaac Hager’s Downtown Brooklyn hotel heads to foreclosure
Carlyle CEO Kewsong Lee and 24-02 Queens Plaza South in Long Island City (Getty; Atlas Capital)

Carlyle Group pockets $40M LIC trade school building

Carlyle Group pockets $40M LIC trade school building
Andre Balazs  and 158 Mercer Street (Getty; Google Maps)

André Balazs lists lavish Soho condo for $12M

André Balazs lists lavish Soho condo for $12M
Joe Jonas and Sophie Turner with 199 Mott Street (Getty; Modlin Group)

Joe Jonas and Sophie Turner list NYC pied-à-terre for $5.9M

Joe Jonas and Sophie Turner list NYC pied-à-terre for $5.9M
Korean Air eyes sale of LA’s tallest tower

Korean Air eyes sale of LA’s tallest tower

Korean Air eyes sale of LA’s tallest tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...