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Madison Capital paid $45 million to acquire two industrial sites at 688 and 702 Court Street in Red Hook, Brooklyn.

Perry Weitz bought into Baia Beach Club and Mondrian South Beach hotel. Lagniappe’s owner paid $2.5 million to acquire the Edgewater property he was leasing.

In New York and elsewhere, however, insurance coverage is not determined based on a scoreboard, It is based on the words and phrases actually used by the parties. Here, the insurer chose all of the words and phrases.

Two of the largest Chicago hotels that closed early in the COVID-19 pandemic, the Palmer House Hilton and the Sheraton Grand Chicago, are preparing to reopen in June, a sign of hope for the battered downtown hospitality industry.

The luxury hotel draws upon Bauhaus and midcentury themes through a minimalist lens Words by: Will Speros • Photos by Nikolas Koenig Thor Equities has introduced ModernHaus SoHo, a new luxury hotel concept in the chic Manhattan neighborhood. Housed within the former James hotel on Grand Street, the 114-room property run by hospitality management company Highgate draws inspiration from the Bauhaus movement with clean lines, geometric harmony, and large windows. An extensive art collection further animates the interior design, which was crafted by design consultant Melissa Bowers and Thor ...