As the number of gambling houses has grown across the United States, they are no longer the tourism magnets that they used to be, experts say. Source: New York Times
Posts published in “Real Estate (Commercial)”
Defunct Upper West Side Movie Theater May Reopen in 2028
By Gotham Rex on October 27, 2025
The landmark Metro Theater is being renamed Uptown Film Center and will include five screens and about 470 seats. Source: New York Times
MGM Drops Bid for NY Casino License, Leaving 3 Competitors
By Gotham Rex on October 14, 2025
New York State is poised to award as many as three new licenses by the end of the year. Source: New York Times
Hudson Yards Developer May Get Another $2 Billion Boost From New York
By Gotham Rex on September 26, 2025
The tentative deal comes on top of the billions in government aid that already benefited the firm, Related Companies, when the first phase was built. Source: New York Times
Five-Alarm Fire on Brooklyn Waterfront Devastates Artists’ Warehouse
By Gotham Rex on September 20, 2025
A row of converted 19th-century buildings filled with artists in the 1990s and transformed Red Hook. Now the work of more than 500 artists may be lost. Source: New York Times
Adams’s Re-election Bid Fueled by Real Estate Titans and Out-of-Towners
By Gotham Rex on July 18, 2023
The mayor has raised $1.3 million for re-election since January, relying on many wealthy donors from New York City and beyond. Source: New York Times
Hochul and Adams Envision ‘New New York.’ Getting There Is the Trick.
By Gotham Rex on December 14, 2022
The leaders want to turn commercial districts into 24-hour live-and-work spaces, recognizing that the pandemic has fundamentally changed the city. Source: New York Times
New York Loosens Rules on Locations for Weed Dispensaries
By Gotham Rex on December 9, 2022
Licensees will no longer be required to accept storefronts leased by the state, a move welcomed by applicants who want more control over their retail locations. Source: New York Times
A Long Road to Renewal for Former Military Bases
By Gotham Rex on December 8, 2022
Closed defense sites are like snowflakes in that no two are alike. The efforts to redevelop two New Jersey forts show the obstacles to revitalization. Source: New York Times
A Times Square Hotel Was Set To Become Affordable Housing. Then the Union Stepped In.
By Gotham Rex on December 7, 2022
An influential hotel workers’ union is flexing its power at a key moment in the city’s recovery, affecting major projects from casinos to homeless shelters. Source: New York Times
What Lab Tests Reveal About Cannabis in New York’s Illegal Dispensaries
By Gotham Rex on December 1, 2022
A report from a medical cannabis trade group found contaminants such as E. coli and salmonella in some products purchased at unlicensed dispensaries. Source: New York Times
New York City Reaches Deal to Build Soccer Stadium in Queens
By Gotham Rex on November 15, 2022
The New York City Football Club will pay roughly $780 million to build the stadium in Willets Point in Queens as part of a project that will include housing and a hotel. Source: New York Times
Why Is New York Still Building on the Waterfront?
By Gotham Rex on October 28, 2022
There are two simple reasons. One, it makes money. And two, people just love water. Source: New York Times
Times Square May Get One of the Few Spectacles It Lacks: A Casino
By Gotham Rex on October 19, 2022
The battle to win a New York City casino license has heated up in Manhattan, with real estate and gambling giants offering competing proposals for Times Square and Hudson Yards. Source: New York Times
MetroTech, the Office Park in Brooklyn, Gets a $50 Million Renovation
By Gotham Rex on October 17, 2022
A look inside the rebranding of MetroTech, an outdated corporate campus from the early 1990s. Source: New York Times