Tag: hotels

Hotel Bill Promises Nothing But Trouble For Real Estate Industry

Posted 06.01.2015 | Categories: Hospitality/Fractional Ownership | No Comments

On Thursday, the City Council approved a bill which severely impedes hotel owners’ rights and ability to convert guest rooms in their buildings into condo apartments. Specifically, this bill would mandate a waiver fromthe city Board of Standards and Appeals in order for owners of hotels with 150 rooms or more from converting over 20 […]

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Prime Outlets Sale Saved David Lichtenstein

Posted 12.23.2009 | Categories: Uncategorized | No Comments

Buying Prime Outlets Inc. in 2003 was one of the best investments that New York investor David Lichtenstein ever made. Now selling the chain of outlet centers is giving him the cash to bail himself out of his worst deal ever. Mr. Lichtenstein’s closely held company, Lightstone Group LLC, announced this month that it is […]

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Student Housing: Hospitality Veteran Creates Student Housing Brand

Student Housing: Hospitality Veteran Creates Student Housing Brand

Posted 06.11.2009 | Categories: Student Housing | 1 Comment

Which would you choose – the cramped quarters, thin mattresses and crowded communal bathrooms of dormitory life or a new type of student housing with comfortable couches, a game room, fitness center, Wi-Fi in every room, flat-screen televisions and maybe even a theater? If you selected the latter, you’re not alone. And colleges and hospitality […]

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