by Phil Hall | Feb 23, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
The US and Pakistan governments have signed a Memorandum of Understanding (MoU) for the renovation of New York City’s historic Roosevelt Hotel, which has been vacant since June after operating for three years as a migrant center. The agreement was negotiated by US...
by Phil Hall | Jun 25, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
New York City has officially ended the migrant arrival center that has been operating within the historic Roosevelt Hotel. The Associated Press reports the center’s last full day in operation was on Monday, with the hotel becoming vacant on Tuesday afternoon. The...
by Phil Hall | Feb 25, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
New York City Mayor Eric Adams has announced the historic Roosevelt Hotel will cease to serve as a migrant shelter in June. The Wall Street Journal reports Adams’ administration said plans to close the hotel were being formulated since December, when the number of...
by Phil Hall | Dec 2, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive
Vivek Ramaswamy, the tech entrepreneur who teamed with Elon Musk on President-elect Donald Trump’s new Department of Government Efficiency (DOGE), has blasted New York City’s $220 million agreement to use the historic Roosevelt Hotel for $220 million as a processing...
by Phil Hall | Feb 5, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
New York City’s Roosevelt Hotel, a historic venue that establishment that is now housing serving as the centralized intake center for the waves of illegal immigrants being brought into the city, will have a new life as a mixed-use project after the city’s lease on the...