Hot Topics / Insights
October042022
Getting Workers Back to the Office – Not Just a Challenge for Employers
Mitchell Marcus and Cecilia Kao 10.4.22 | Industry Insights Office occupancy in New York City finally hit 40% in June for the first time since the start of the pandemic. […]
October042022
Rising Interest Rates – Yet Another Blow to Hospitality Industry
Smit Shah 10.4.22 | Industry Insights With the end of so-called “free money” now a reality, the hospitality industry — still dealing with the aftereffects of COVID-19 — must now […]
July252022
Metamorphosis – The Ongoing Evolution of Hotel Conversions
Jack Pulvirenti and William Saya 7.25.22 | Industry Insights The sputtering recovery of the hospitality industry was given another boost when New York Governor Hochul recently signed legislation to smooth the […]
May112022
Navigating the New York City Severance Law in Difficult Times
Jack Pulvirenti 5.11.22 | Industry Insights The Hotel Association of New York City’s recent efforts to strike down the hotel severance law were denied by a federal judge.1 The severance […]
April192022
NYS Provides an Additional Restaurant Return-to-Work Credit
Jack Pulvirenti 4.19.22 | Industry Insights The just-passed New York State fiscal 2022-2023 budget [analysis to follow] creates an additional restaurant return-to-work tax credit. The credit amount is equal to $5,000 […]
August182021
NYC Requiring Proof of Vaccination to Enter Restaurants, Other Venues
Jack Pulvirenti 8.18.21 | Industry Insights On Tuesday, August 17th, New York City became the first major U.S. city to require proof of vaccination to enter restaurants, gyms, and other […]
August032021
New York State $35 Million Return-to-Work Restaurant Credit
Ken Maeng 08.03.21 | Industry Insights On July 28, Governor Cuomo released the details for the Return-to-Work Restaurant Credit Program (the “Program”). The program provides a $5,000 tax refundable credit […]
July012021
As the Hospitality Industry Revives, Expect Fraud to Follow
Smit Shah 7.1.21 | Industry Insights During the COVID-19 pandemic, when the hospitality sector was operating with a reduced workforce, it might have been easier for employees and guests to […]
May252021
New York State Announces Financial Assistance Programs for Restaurants
Sarah S. Kim and Ken Maeng 5.25.21 | Industry Insights New York State’s Fiscal Year 2022 budget includes $1 billion in relief to help the hospitality industry recover from economic […]