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Host Hotels Sells Grand Central Hotel for $302M in New York

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Category: topSource: redinewsJan 11th, 2019

Host Hotels sells New York Marriott Marquis Retail to Vornado for $442M

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 24th, 2018

LaSalle picks $5.2 billion Pebblebrook deal over Blackstone

LaSalle Hotel Properties, whose high-end hotels include the Westin Copley Place in Boston and the Park Central New York, agreed to be purchased by Pebblebrook Hotel Trust after terminating a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 8th, 2018

Diner finds pearl in his oyster dish at Grand Central Oyster Bar

A lucky diner says he happened upon a pearl while eating an oyster dish at a famous New York City restaurant. Rick Antosh was out to lunch with a friend and ordered his usual at the Grand Central... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 18th, 2018

Newly opened downtown Dallas hotel sells to Florida REIT

A newly opened downtown Dallas hotel has sold to Chatham Lodging Trust (NYSE: CLDT). Courtyard by Marriott Downtown Dallas changed hands for $49 million — approximately $293,000 per room. “Having owned hotels in Dallas for a long time, the downtown.....»»

Category: topSource: bizjournalsDec 6th, 2018

In New York, $35 million will buy an apartment - or Grand Central

For $39 million, you could buy a mansion in New York’s Upper East Side ... or you could buy Grand Central Terminal and still have $4 million to spare......»»

Category: topSource: moneycentralNov 15th, 2018

MTA to buy Grand Central Terminal for $35 million

The Metropolitan Transportation Authority is planning to buy New York's Grand Central Terminal for $35 million after years of renting. The Wall Street Journal  The deal also includes tracks... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 14th, 2018

MTA to buy New York"s Grand Central Terminal for $35 million

The Metropolitan Transportation Authority is planning to buy New York's Grand Central Terminal for $35 million after years of renting. The Wall Street Journal  The deal also includes tracks used by... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 14th, 2018

Miami Beach penthouse sells for $13.5M

A penthouse in the 1 Hotel & Homes in Miami Beach has sold for $13.5 million. The 3,181-square-foot unit PH-1610 was sold by 2377 Collins Resort LP, the developer led by New York billionaire Richard LeFrak, to All Seasons Ocean LLC. The buyer is a Delaw.....»»

Category: topSource: bizjournalsNov 8th, 2018

NYC hotel prices poised to pick up as market absorbs capacity

Analysts expect sale prices for New York City hotels to increase following a decline due to an oversupply of rooms in the last few years. [] "> To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 15th, 2018

I visited a micro-hotel in NYC, where a one-night stay costs more than $300, rooms are half the size of the average hotel, and you have to walk through the bathroom to get to the bed — and it felt way more spacious than I ever expected

Business Insider/Jessica Tyler In New York City, a boutique micro-hotel offers 150-square-foot guest rooms — some with bunk beds — and a "bodega" in lieu of room service. Arlo Hotels operates two .....»»

Category: topSource: businessinsiderOct 13th, 2018

The man who air-conditioned Grand Central Terminal worries about climate change

For 50 years, he's specialized in the behind-the-scenes mechanics that keep New York's buildings operating window.NREUM||(NREUM={}),__nr_require=function(e,t,n){function r(n){if(!t[n]){var... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 4th, 2018

Pineapple Awards 2018 Large Hotel of the Year Winner: Andaz Maui at Wailea Resort

The 301-room hotel in Wailea was part of a three-property portfolio Hyatt Hotels Corp. sold to Host Hotels & Resorts earlier this year for $1 billion......»»

Category: topSource: bizjournalsSep 28th, 2018

New York Hotel Market Roars Back After Drowning in Too Much Supply

The New York City hotel market is bouncing back, as a growing U.S. economy and a wellspring of visitors have helped overcome years of construction that flooded the city with new hotels and pressured room rates......»»

Category: smallbizSource: wsjSep 25th, 2018

I stayed at Robert De Niro"s ridiculously swanky new hotel in Ibiza — and it makes you feel like a celebrity, if you can afford it

Nobu Hotel Ibiza Bay One of the newest luxury hotels in vacation hotspot Ibiza is the Robert De Niro-owned Nobu Hotel Ibiza Bay, a spinoff from the swanky New York J.....»»

Category: topSource: businessinsiderSep 12th, 2018

Making New York"s public space safe enhances commerce too

Terrorism fears continue to force New York to rethink the space around soft targets like the New York Stock Exchange, One World Trade Center, Penn Station, Grand Central Terminal and Times... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 8th, 2018

Was That Serena Williams in the Hotel Room Next to Mine?

Many players competing in the U.S. Open, including the Williams sisters, get discounts on lodging in New York hotels in return for social media posts and promotional events......»»

Category: mediaSource: nytSep 2nd, 2018

Hyatt Looks to Expand, Opens First Luxury Hotel in Bogota

As a part of its continual expansion strategy, Hyatt (H) announces the opening of Grand Hyatt Bogota in Colombia. Hyatt Hotels Corporation H, which banks on strong brand pr.....»»

Category: dealsSource: nytAug 30th, 2018

New $350M JW Marriott Bonnet Creek to offer upscale lodging for well-heeled Disney visitors

Once completed next year, the property will join the existing luxury resort inventory, such as the Hilton Orlando Bonnet Creek, Waldorf Astoria Orlando and Wyndham Grand Orlando Bonnet Creek Resort — three of Central Florida's largest hotels......»»

Category: topSource: bizjournalsAug 24th, 2018

Anbang May Benefit From Capital Flowing Into Luxury Hotel Properties

Mack Real Estate Credit Strategies provided $290 million to refinance Manhattan at Times Square Hotel. A $503 million refinancing over the past week for three prominent hotels in New York, Miami an.....»»

Category: personnelSource: nytAug 21st, 2018

10 Grand Central gets makeover in Midtown

Marx Realty, a New York-based owner, develope.....»»

Category: realestateSource: realestateweeklyJul 19th, 2018