"Andaz Maui, Grand Hyatt San Francisco, and Hyatt Regency Coconut Point are exactly the type of iconic real-estate we target and are located in what we believe are some of the best near-term growth markets in the US.”

Tearing down these properties often makes less sense than finding new uses appropriate for an era when consumers shop so much online.

Snow Park agrees to end its activist campaign but the sexual harassment lawsuit against Cedar Realty's CEO continues.