Articles tagged “nyc”

Hotels

Roosevelt Hotel Privatization Decision Delayed Again

The Privatization Commission board of Pakistan could not decide on the mode of privatizing the Roosevelt Hotel in New York, with members divided between leasing it for 99 years or developing it through a joint venture.
Hotels

Banned in NYC: Airbnb One Year Later

Local Law 18 hasn't yet led to a significant amount of additional long-term housing in NYC and hotels are thriving. But small-time hosts have lost a key source of income. Modifications, and a more balanced approach, are needed.