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PKF Consulting

Bear Hotel Market Bites De Niro

Robert De Niro and his partners in the posh Greenwich Hotel probably never wanted a mob scene in the lobby, anyway.

The fancy Tribeca lodge is geared toward people who value their privacy, like Mr. De Niro himself. It's supposed to be a quiet retreat where guys like Patrick Dempsey can lift weights in Read More

Three Reasons to Doubt Downward Trend of Hotel Industry

Some hoteliers buck received wisdom, taking chances on fringe neighborhoods in far-away boroughs (see Sam Chang). Others trust blindly in the perpetual worth of a brand called Manhattan (see Sam Chang?). Only time will tell which group the following three developers fall into, all of whom filed plans with the Buildings Department in the past Read More