Great Value Storage files for bankruptcy to stop foreclosure
Nearly two years after the FBI raided the offices of Great Value Storage’s founder, the company has filed for...
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Orion Jones
Douglas Elliman expands into tight Texas housing market
Residential brokerage Douglas Elliman is gone to Texas. The firm announced Thursday it will expand its presence in the...
New York
Peebles accuses former associate of “anonymous and malicious” smear campaign
Don Peebles is accusing one of his rivals of running a covert smear campaign against him. The Peebles Corporation...
Construction, leisure & hospitality jobs rebounded in March
The leisure and hospitality industry bounced back in March, adding 280,000 jobs to the economy as hotels, restaurants and...
Leisure, hospitality big winners in February job gains
Leisure and hospitality may finally be on the road to recovery. The industry added 355,000 jobs in February, as...
Ascena restructuring approved post-bankruptcy
A bankruptcy court has approved Ascena Retail Group’s Chapter 11 plans. Under the plans, Ascena — which owns Ann...
New York
Trump Org sues Marc Fisher for $1.5M in rent
The Trump Organization is taking shoe designer Marc Fisher to court for allegedly skipping rent payments at Trump Tower....
Hotel stocks went bonkers in February
Hotel investors can rest a little easier at night. Robust gains in February put share prices of publicly traded hotel companies back up to pre-Covid levels, a year after the pandemic sent valuations into...
Manhattan job losses in Q3 worst of any large county in the US
The average wage that workers earned in the third quarter of 2020 rose 7.4 percent from the previous year...
Hospitality lost 61K jobs in January — a big improvement
Employment in real estate declined in January, but the drop in hospitality positions was not nearly as bad as...