Patrick Clark

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The Worst For U.S. Renters And Apartment Owners Is Yet To Come

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One in three renters failed to make their full payment in the first week of July.

NYC Hotels Embrace Gimmicks To Goose Demand With Travel Frozen

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The travel and hospitality industries are still largely crippled by the coronavirus outbreak.

Billionaire Rowling's Manhattan Hotel To Permanently Close

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The hospitality industry has been among the hardest hit by the coronavirus.

New York Hotels Tapped For Extra Beds With Hospitals Short

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With travel virtually shut down across the U.S., hotels have emptied out as trips have been put on hold.

New York Hotels Face Bankruptcy, Closures On Virus Travel Fears

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The virus outbreak has slowed travel globally.

Real Estate Fund Redemptions Surge On Investor Alarm Over Malls

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Investors are fleeing commercial real estate funds as digital takes a larger bite out of brick-and-mortar stores.

Qatar Wealth Fund Buys St. Regis Hotel That Invented Bloody Mary

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The fund has been boosting its investments in the U.S., including stakes in retail properties in Manhattan.

NYC's Waldorf Astoria to Start Luxury-Condo Sales This Year

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The famed hotel was bought by a Chinese company four years ago and has been converted into 375 luxury apartments.

N.Y. Golf Courses Poised To Keep Tax Break After Repeal Falters

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The debate over whether courses carry their fair weight has raged around the country for years.

Trump Tax Reform Causing Freak-Outs In Rich New York Area Towns

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A limit on state and local tax deductions has costly and confounding implications for some.

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