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Ron Burkle and Andrew Zobler with The NoMad New York. (Google Maps, Getty)

NoMad Hotel heads back to the auction block

The owners of the NoMad Hotel — who shelled out big bucks a few years ago to avoid foreclosure at the 11th hour — have their backs up the wall once again. Billionaire investor...

NoMad Hotel heads back to the auction block
Sonder co-founder Francis Davidson (Sonder, iStock)
National

Sonder will merge with SPAC to go public

The SPAC attack is back for a San Francisco-based hospitality startup. Sonder confirmed Friday that it will go public by merging with a SPAC backed by billionaires Alec Gores and Dean Metropoulos. The company...

Sonder will merge with SPAC to go public
It may not be so easy to book a vacation this year: Rental listings are flying off the market, and prices are soaring. (iStock)
National

Bonkers season on tap for summer vacation rentals

After a year of putting travel plans on hold, Americans are eager to embark on their next trip. But...

Bonkers season on tap for summer vacation rentals
135-25 Northern Boulevard and 300 West 30th Street (Google Maps, Studio C Architects)

Self-storage company buys dev site from Home Depot

A self-storage company bought a Queens development site from Home Depot and landed a construction loan for a planned...

Self-storage company buys dev site from Home Depot
The Watson Hotel at 440 West 57th Street (Google Maps)

Developers already eyeing commercial-to-resi conversions

New York legislators are still figuring out what a comprehensive commercial-to-residential program could look like in the city, but...

Developers already eyeing commercial-to-resi conversions
Photo illustration of Brookfield Property Partners’ Brian Kingston (Brookfield, iStock)
National

Struggling hotel company handing Brookfield the keys

Out of options, a struggling hospitality trust is handing over its control to Brookfield Asset Management through the bankruptcy...

Struggling hotel company handing Brookfield the keys

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