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5 historic brownstones and the Harlem Renaissance

5 historic brownstones and the Harlem Renaissance
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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Every floor plan is different in Wardman Tower condos

Every floor plan is different in Wardman Tower condos
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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Wardman Hotel OK'd For Ch. 11 Auction Over Union Objection

A Delaware bankruptcy judge Wednesday approved plans to put Washington's Wardman Park Hotel up for auction in July, overriding concerns by the hotel's unions that bidders won't have enough information on the contract obligations they may be taking on. ....

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Wardman Hotel Unions Say Ch. 11 Sale Plans Ignore Contracts

Two labor unions representing workers at Washington's bankrupt Wardman Park Hotel objected late Wednesday to the debtor's proposed Chapter 11 sale plans, saying the procedures don't inform potential bidders of their obligations under collective bargaining agreements. ....

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'Purgatory' Grips $146B of Distressed Commercial Properties

‘Purgatory’ Grips $146 Billion of Distressed Commercial Property
The pandemic helped push about $146 billion of commercial real estate into distress or serious risk of bankruptcy last year, according to Real Capital Analytics.
Bloomberg | Feb 25, 2021
(Bloomberg) Good news about vaccines and rallying financial markets suggest the end of the coronavirus pandemic is in sight, but the worst may still be to come for commercial properties.
The coronavirus outbreak helped push about $146 billion of commercial real estate into distress, serious risk of bankruptcy or default at the end of last year, concentrated in hotels and retail, according to data compiled by Real Capital Analytics, a commercial real estate data firm. ....

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