How to Save NYC Hotels from Luxury Condo Conversions
- New York City 04/01/2015 by Linda Perry Barr (WBAI)
What ever happened to the Plaza Hotel? Luxury condo conversions, that’s what happened. And now other hotels are about to go that same route.
The New York City Council’s Committee on Housing and Buildings convened on Wednesday to discuss a new bill, intro 592. It’s aim is to preserve hotels in the city, to keep union jobs which pay a livable wage with benefits and stem the tide of hotel conversions into luxury condos.
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