Big Apple’s hotel boom may have soft spots

As the city hits record room numbers, high land prices and strong dollar could weigh on industry
By Janna Herron | May 08, 2015 11:30AM

From the May issue: Elliot Spitzer is building a hospitality and retail project in Hudson Yards, and Richard Branson’s Virgin brand will soon be stamped on a towering hotel in NoMad. The independent, 52-room Audubon Hotel will soon debut on West 181st Street in Washington Heights, and no less than five national chain hotels are going up in the Financial District. [more]