Subject: Property Management (MGMT)

The Real Deal New York Governor Andrew Cuomo has ordered all fitness centers in the state to close, including those in residential buildings. The state also has shut down dine-in restaurant service, large events and casinos in response to the ...

Wall Street Journal Hilton Worldwide Holdings Inc. has suspended operations at the New York Hilton Midtown in Manhattan and the Capital Hilton in Washington, D.C., due to the coronavirus pandemic. Park Hotels & Resorts Inc. owns the 1,878-room New York ...

    Boston Globe The 412-room Marriott Long Wharf hotel in Boston has closed. The property, at 296 State St., last month hosted a meeting among Biogen Inc. employees and, as of last week, 82 of the Commonwealth's 108 confirmed ...

Commercial Observer The 3.1 million-square-foot American Dream Mall in East Rutherford, N.J., will not be opening on Thursday as originally planned due to concerns about the coronavirus. Triple Five Group, an Edmonton, Alberta, developer, had planned on opening the property's ...

Commercial Real Estate Direct Staff Report Bank of America has agreed to acquire the 50 percent stake it didn't already own in the Gateway Village office property in Charlotte, N.C. It is buying the stake from Cousins Properties in a ...

The Real Deal The Blakely Hotel in Manhattan has closed its doors. The property, at 136 West 55th St., is owned and operated by BD Hotels, which mentioned it could be converted into another use. The building sits between Sixth ...

The Real Deal Heritage Equity Partners is set to lose control of the Williamsburg Hotel in Brooklyn, N.Y. The New York company, which developed the 147-room hotel at 96 Wythe Ave. two years ago, defaulted on a $68 million mortgage ...

Crain's New York Business Thor Equities has lost control of the 139,540-square-foot office building at 545 Madison Ave. in Manhattan. Marx Realty, which owns the ground beneath the building, has taken the property and plans to invest $10 million on ...

Commercial Real Estate Direct Staff Report The Washington Prime Group affiliate that owns the Rushmore Mall in Rapid City, S.D., last week turned the property over to its lender, Banc of America Commercial Mortgage Trust, 2006-3, which had held a ...

California voters in November will decide whether to repeal a 1995 law that put limits on municipal residential rent regulations across the state. And that's making investors jittery. On the ballot is California Proposition 10, the Local Rent-Control Initiative, which ...