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A lawsuit accuses the Lexington Hotel of negligence for failing to act in emergency (Credit: iStock)

Father’s harrowing tale puts hotels’ liability in spotlight

David Johnson was in Central Park on a Sunday afternoon this spring when his daughter called from her room...

Caspi Development’s Joshua Caspi, Core Asset Management’s James R. Parks, Hana Financial Investment’s Lee Jin-Kook, and 456 Greenwich

Goodbye bankruptcy, hello construction loan: Breakthrough for Tribeca hotel project

After years of headaches, the long-delayed luxury hotel project at 456 Greenwich Street has finally secured a construction loan...

CoStar pushes into hotel space with $450M acquisition of STR

CoStar Group, the $22 billion giant most known for its data on office and retail properties, is making a...

Remembering real estate empire builder Barron Hilton

Barron Hilton, the former chairman and CEO of Hilton Hotels, died last week at 91. Over his long career...

Tourism-dependent Bahamas sees uphill battle to rebuild hotels after Hurricane Dorian’s devastation

As the Bahamas begins its long recovery process after Hurricane Dorian ravaged Grand Bahama and the Abaco Islands, the country faces an uphill battle...

Israeli financier Jonathan Leitersdorf had big plans for a prime High Line site -- but taxi drivers, tenant-harassing strip club owners, and a retired FBI agent have turned the project into an absolute circus.

How an FBI agent, strip club owners and cab drivers decimated this High Line luxury project

Amid the new development boom surrounding the revitalized High Line, the northeast corner of 11th Avenue and 23rd Street boasts a prime location, facing...

The Hotel Hunger Games: Why some of Fulton Market’s projects may not survive

Fulton Market in recent years has been the epicenter of office development in Chicago, helping the city attract new...

2686-2690 Broadway, Hank Fried of Branic International Realty (left), and Doug Yearley of Toll Brothers (Credit: Google Maps, Getty Images, and Toll Brothers)

Toll Brothers buys controversial Marrakech Hotel site for $44M

Toll Brothers has scooped up the site of the Marrakech Hotel on the Upper West Side from Hank Fried’s...

From left: Wyndham New Yorker Hotel at 481 8th Avenue, the Grand Hotel at 1238 Broadway and the Imperial Court Hotel at 307 West 79th Street (Credit: Pixabay, Wikipedia, Google Maps, and iStock)

Fantastic Leases and Where to Find Them: A guide to the mysterious world of New York’s rent-stabilized hotels

In March 2009, a Queens woman checked into the Upper West Side’s Imperial Court Hotel for 10 nights. She requested a lease from management...

Doronin, Aman Group land $285M development loan for Crown Building

Vladislav Doronin’s OKO Group and its partner Aman Group landed a $284.5 million loan from Cain International to fund...

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