News: Brokerage

Lexington Downtown to undergo $13m rehab: A Madison W and IHR J.V.

According to Lexington Downtown Hotel & Conference Center, a Hilton Affiliate Hotel, it will undergo a $13 million renovation to update and modernize its 367 guestrooms and public spaces in preparation for its conversion to a Hilton brand hotel. The revamping of the 290,362 s/f hotel is scheduled to begin this spring and is expected to be completed by the end of this year. Lexington Downtown Hotel & Conference Center will remain open during its renovation. Developed by Atlanta firm Design Continuum, Inc., the hotel is a joint venture between Madison W Properties and Interstate Hotels & Resorts (IHR).
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing