Companies see charging as a potentially profitable business in and of itself, not just as a spur for foot traffic and sales.
Category: Real Estate (Commercial)
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Why Are Cities Still Spending Big on Convention Centers?
Cities are spending more than ever to land the biggest events, but companies have long pulled back on spending for annual conferences and attendance has dwindled.
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$7 Million Deal Is Reached for Upper West Side Movie Theater, Nonprofit Says
A nonprofit group says it has reached an agreement to buy the shuttered Metro Theater from its owners, but the deal is contingent on raising the money by the end of the year.
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What to Know About ‘The Apprentice,’ the Controversial Trump Biopic
The film, now available on demand, followed a thorny path to distribution — including the threat of a lawsuit by its subject.
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Customers Say a Vacation Club Managed by Hyatt Tricked Them Into Signing Pricey Contracts
Consumers claim they were duped by a vacation club managed by Hyatt. Some are locked into 40-year, $50,000 contracts that they say offer few rewards.
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Here’s Why Blood Manor, a Haunted House in NYC, Costs $45
It’s not as if Blood Manor can just transform into an office after Halloween.
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The Fight Over the Chrysler Building Escalates
Office tenants are caught in the middle and the building’s fate remains unclear.
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In a Malaysian Pop-Up City, Echoes of China’s Housing Crash
Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke.
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Why So Many Chefs Don’t Want Restaurants Anymore
Some of America’s most lauded cooks have stepped away from the lunch-and-dinner grind.
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Trump Family Business Eyes Hotel Deals in Israel
The Trump Organization was in talks about Israeli hotels before the Hamas attack last year. It says it wants to resume them in the future, raising questions about the mingling of politics and money in the event of a second Trump term.
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As Hurricanes Persist, Soaring Insurance Costs Hit Commercial Real Estate
Struggling landlords and developers are seeking leeway on coverage from their lenders — mostly in vain.
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Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one of the world’s most polluting industries.
