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Another Historic Harlem Church Being Sold to Become New Development

Another Historic Harlem Church Being Sold to Become New Development

by Phil Hall | Aug 27, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

For the second time this summer, a historic church in the Harlem section of New York City is being sold for transition into new development. According to a Bisnow report, the Archdiocese of New York is planning to sell The Church of the Holy Rosary of the Blessed...
NYC Minority Hotel Association Launched to Fight Proposed Licensing Bill

NYC Minority Hotel Association Launched to Fight Proposed Licensing Bill

by Phil Hall | Aug 26, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

An advocacy group consisting of New York City-based hotel owners from minority demographics has been formed to challenge proposed legislation that they consider to be harmful to their businesses. The NYC Minority Hotel Association (NYCMHA) encompasses 50 minority...
McDonald’s Plans Over 200 New Restaurants Across UK

McDonald’s Plans Over 200 New Restaurants Across UK

by Phil Hall | Aug 23, 2024 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

McDonald’s Corp. (NYSE:MCD) has announced plans to open over 200 new restaurants across the UK over the next four years, a $1.3 billion investment with the goal to create over 24,000 jobs. The new initiative is part of the “McDonald’s at 50” endeavor that highlights...
Connecticut Mayor Sparks Online Anger by Celebrating ‘Ghetto’ Mural by Banksy

Connecticut Mayor Sparks Online Anger by Celebrating ‘Ghetto’ Mural by Banksy

by Phil Hall | Aug 22, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The mayor of Connecticut’s most populous city stirred up online outrage for celebrating a Banksy mural that many people viewed as a slur against a low-income, predominantly nonwhite neighborhood. Bridgeport Mayor Joe Ganim took to Facebook to highlight the presence of...
Kroger Sues FTC Over Attempt to Block Merger with Albertsons

Kroger Sues FTC Over Attempt to Block Merger with Albertsons

by Phil Hall | Aug 22, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has filed a motion for preliminary injunction against the Federal Trade Commission’s (FTC) challenge to its merger with Albertson’s Companies Inc. (NYSE: ACI), arguing that the agency’s decision to proceed in an administrative...
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