Author: Matthew Fenton

World’s Tallest Holiday Inn Files for Bankruptcy The Holiday Inn at 99 Washington Street (on the corner of Rector Street) has filed for bankruptcy. The 492-unit lodging, which boasts of being the world’s tallest hotel branded as Holiday Inn, closed during the pandemic, causing the business to default on a $137 million loan last March,...

CB1 Calls for Greater Greenery as City Launches Enhanced Tree Map Community Board 1 (CB1) is urging City administrators to embark on a reprise of the Bloomberg Era MillionTreesNYC Initiative, which planted one million new trees throughout the five boroughs, with an eye toward boosting the tally of saplings in Lower Manhattan. Last month, the...

City Reopens Affordable Housing Lottery for Luxury Building on Fulton Street The City’s Department of Housing Preservation and Development (HPD) is accepting applications for its waiting list to lease apartments (including studios, one-bedroom, and two-bedroom units) in the Exhibit, a luxury rental building at 60 Fulton Street (between Cliff and Gold Streets), which have been...

Senate Fails to Consider Funding for World Trade Center Health Program The U.S. Senate failed to take action Wednesday evening on a bill that directly affects many hundreds of Lower Manhattan residents. The so-called “omnibus bill,” which is intended to pay for all government operations beyond a Friday deadline, contains a provision sponsored by New...

Rite Aid to Become Latest Local Store to Shut Its Doors Multiple sources confirm that the Rite Aid pharmacy in Brookfield Place is scheduled to close. Two employees (who asked not to be identified, because they are not authorized to speak to the press) said they have been notified that the store will cease operations...