Hotels

The New York State Gaming Commission on Monday approved the sale of Empire City Casino and the debt transaction related to the deal

Experts at ALIS said that the government shutdown was “not insignificant,” estimating it produced a loss of hundreds of millions of dollars and impacted GDP growth.

ROCK Commercial Real Estate will exclusively represent the ownership in the sale of the Stone Mill 1792.

While lenders are cautious on hospitality deals, there are a range of options for borrowers looking to secure funding this year.

DDC's capital commitments have more than doubled in the last 10 years as its responsibilities have grown, to more than $2 billion in Fiscal Year 2018, according to city officials.

Elliott Management Corporation and GFI Capital Resources Group have committed $100 million to fully renovate the hotel, adding luxury condominiums.

In his statement, County Executive Latimer described the planned meeting with Con Edison as more of a fact-finding session to learn the reasons behind the imposition of the natural gas connection moratorium.

2018 was another record-breaking year for the U.S. hotel industry with new all-time high operating metrics.