#Why luxury hotels are racing to open Saudi Arabia

#Why luxury hotels are racing to open Saudi Arabia

“Why luxury hotels are racing to open Saudi Arabia” President Biden isn’t the only one visiting Saudi Arabia — he’s being followed by swarms of tourists. But you’ll be forgiven for not having booked the desert kingdom for your next holiday yet. The 2018 murder of Jamal Ahmad Khashoggi and a lifetime of draconian religious…

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#This progressive bête noire is a boon to New York City

#This progressive bête noire is a boon to New York City

“This progressive bête noire is a boon to New York City” Progressives are hot to see the 421-a tax abatement, which encourages developers to build more affordable housing by reducing their property-tax liability, die when it expires next month. But if the Legislature doesn’t pass a replacement, it’s a clear loss for New York City….

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#Manhattan is not only back, it’s surging pre-COVID levels

#Manhattan is not only back, it’s surging pre-COVID levels

“#Manhattan is not only back, it’s surging pre-COVID levels” There must be something in the air — because the Big Apple is back. Manhattan apartment closings surged in the second quarter, with activity not only returning to pre-COVID-19 levels but in some cases surpassing it.  Luxury closings, in particular, saw an explosion — bringing the average…

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