Sapir Corp.’s stock drops in Tel Aviv
The NoMo SoHo hotel owned by the Sapir Corp. saw its net operating income fall in the third quarter, dragging down the company’s overall performance in the third quarter. In the last week, Alex...
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Claremont Companies buys Soho Marriott for $59M
Claremont Companies has purchased a Marriott in Soho for $59.35 million, according to property records. The Massachusetts-based firm bought...
Long Island City hotel project moves forward with construction loan
A new hotel planned for Long Island City has landed a $46 million construction loan, according to sources familiar...
Toby Moskovits’ Williamsburg Hotel is headed for receivership following $68M loan default
Months after defaulting on a $68 million mortgage and failing to secure refinancing, Toby Moskovits’ Heritage Equity Partners is set to see management of...
David Marx lands $202M refi for Hudson Yards hotel
David Marx’s Marx Development Group secured a $202 million refinancing for its Hudson Yards hotel, which is scheduled to...
South Korean firm snaps up two Midtown hotels for $137M
Aju Hotels & Resorts is the buyer in the recent sale of two Midtown hotels of the former Chesapeake...
Brookfield drops $83M on Hell’s Kitchen hotel
Brookfield Property Partners picked up a hotel along 11th Avenue in Hell’s Kitchen for $82.7 million. The seller was...
From private tutors to meditation sessions, inside NYC’s new amenities battle
Seated at a long dining table in a staged $11.8 million apartment on the 65th floor of 35 Hudson...
Lightstone gave its neighbors $7M to build a hotel. Then the neighbors secretly went to war, suit claims.
In 2015, the Lightstone Group paid $6.75 million to the people who run condominium next door in exchange for the development rights to build...
Here are the numbers behind Michael Dell’s record purchase of the Boca Raton Resort
Billionaire Michael Dell’s MSD Partners is planning to invest $75 million into the Boca Raton Resort & Spa, according...
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