Marriott International Inc. (NASDAQ:MAR) has filed a $2.6 million lawsuit against one of its New York City-based franchisees for allegedly breaching its contract by turning the hotel into a shelter for illegal immigrants. According to a Gothamist report, the 18-story,...
Less than a week after reporting weaker than expected returns from its theme parks, the Walt Disney Co. (NYSE:DIS) unveiled what it promoted as “an unprecedented slate of projects including new attractions, lands, and more” designed to bolster the strategy of using...
An office building that sold at a tremendous loss, a community of 3D printed homes and Gavin Newsom cleaning up Los Angeles. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 5-9. Miss: Who Wants to Buy a Cheap Office...
Smith Tower, the 42-story building that became Seattle’s first skyscraper in 1914, has been acquired by a group of local investors led by Seattle-based GT Capital in a transaction that also included the Butler Garage, a parking space in the city’s Pioneer Square...
Hedge fund executive Bill Ackman is considering a plan to take the Houston-based real estate firm Howard Hughes Corp. (NYSE:HHH) private. According to combined news reports, Ackman made his announcement in a regulatory filing. Ackman owns more than 37% of HHH’s stock...