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NYC Developers Eye Condo-Hotel Concept Again

Law360, New York (November 13, 2014, 4:51 PM EST) -- Although the condo-hotel concept has historically failed to score much traction in Manhattan, attorneys say several local developers have recently begun inquiring about the model again. But making a condo-hotel project work in the Big Apple will require just the right type of zoning and investor appeal, experts claim.

In the past few weeks, several New York City real estate attorneys with experience in the condo-hotel market have been approached by developers considering the model for development or redevelopment projects in the city, Law360 has learned....
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