The M1 Hotel Text Amendment adopted by City Council last December, which requires a special permit for the construction of hotels in most light manufacturing zones, was widely expected to have a chilling effect on hotel development in New York City. Six months down the line, those predictions appear to have been validated – at least for certain segments of the market. An analysis by the The Real Deal of Department of Buildings filings for […]
source https://therealdeal.com/2019/07/15/go-big-or-go-home-why-small-hotel-development-in-nyc-may-be-a-thing-of-the-past/
No comments:
Post a Comment