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Hits and Misses for the Real Estate Week of Sept. 2-6

Hits and Misses for the Real Estate Week of Sept. 2-6

by Phil Hall | Sep 6, 2024 | Current News & Events, Hits and Misses, International Real Estate News, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multiple levels of illegal immigration’s effects on housing and a 1,700-page report on a deadly building fire are part of this week’s Hits and Misses. Miss: Saying It Ain’t So. Colorado officials owe the public a huge apology for their incompetent handling...
NYC Provides Illegal Immigrants Up to $4,000 to Move Out of Shelters

NYC Provides Illegal Immigrants Up to $4,000 to Move Out of Shelters

by Phil Hall | Sep 4, 2024 | Current News & Events, Real Estate News, WRE News Exclusive

New York City’s Department of Homeless Services has given 150 illegal immigrant families with up to $4,000 each to leave the city’s shelter system and move into permanent housing. According to a Gothamist report, the grants are part of an unpublicized pilot program...
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...
Marriott Sues NYC Franchisee for Turning Hotel into Illegal Immigrant Shelter

Marriott Sues NYC Franchisee for Turning Hotel into Illegal Immigrant Shelter

by Phil Hall | Aug 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

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,...
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