Weekend Wrap-Up: New York Hotels' Bright 2024, Banks' Exposure to Commercial Real Estate Risk, Marty Burger's New Company, and More

    [New York’s Hotels Could Reap $380M From Short-Term Rental Rules]( [An industry struggling back from COVID-19 scores a major win with regulations aimed at Airbnb and Vrbo.](   [How CRE Loans Threaten New York Community Bank and Other Regionals in 2024]( [New York Community Bank saw its stock price tank due to losses on risky CRE loans. The balance sheets of other banks are not much safer.](   [Ex-Silverstein CEO Marty Burger Launches His Own Real Estate Firm]( [Marty Burger, who spent 13 years leading Silverstein Properties, just launched an investment firm called Infinity Global Real Estate Partners.](   [How Jay Glickman Is Growing Vero Sade’s Texas Multifamily Brand From Manhattan]( [A 3-year-old company named Vero Sade is getting into the Lone Star multifamily market in a big way.](   [Bay It Forward: The Case for Optimism in San Francisco Retail]( [San Francisco retail is giving real estate observers reason to believe that things are going to warm up in the long run.](   [CGI Merchant Group’s Raoul Thomas On His American Dream]( [The real estate exec goes deep on his Hilton partnership, dealing with Trump, and giving back to communities of color.](   [Migrants Crisis a Lifeline for New York City Hotels]( [The city is prepared to pay to house migrants in hotels for the next three years. Many hotel owners are fine with that.](   [More New York City Tenants Are Buying Their Buildings. Here’s Why.]( [It’s not just a post-pandemic streetscape of lower prices.](   [JLL Revenue Up in Q4 as Cash Flow Down Sharply in 2023]( [The firm saw its earnings before expenses decline 41% last year behind a plummet in transactions.](   [Linda Foggie Exits Citi, Joins Board of Proptech Firm OfficeSpace Software]( [The industry veteran has joined the board of OfficeSpace Software, a proptech firm in workplace software management.](   [View in Browser]( | [Advertise]( | [Forward to a Friend]( [Manage your email preferences or unsubscribe]( [Share your thoughts: Help us improve with our quick feedback survey!]( [Commercial Observer]( © Copyright 2024 [Observer Media]( 1 Whitehall Street, Floor 7, New York, NY 10004 This newsletter was published 03/02/2024