Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The expansion, which will boost Hyatt's luxury portfolio in the Asia Pacific region by 25%, will be comprised of seven new Park Hyatt branded properties and six hotels each under the Grand Hyatt and Andaz brands, as well as two Alila branded resort properties.
Now in its 29th year, the Apartments conference has become an industry tradition where owners, investors, developers, brokers, financiers and industry resources connect.
In 2018, New York City experienced a 21% drop in foreign immigration, which is threat to the future of the city, says the president and CEO of the Partnership for New York City.
“Tenants occupying this market are typically looking for facilities with good functionality in a strategic location, proximate to the major transportation arteries, the ports, Newark Liberty International Airport, and New York City. 1416 East Linden checks all the boxes…,” says Bussel Realty SVP Jordan Metz.
VICI Properties has completed the purchase of the land and real estate assets of the Greektown Casino-Hotel for approximately $700 million in cash, with Penn National Gaming acquiring the operating assets for approximately $300 million in cash.