Hidrock Realty, a family owned real-estate investment company, is planning to embark on what appears to be a pretty gutsy move: develop its first Manhattan hotel in a market that’s recovering but still far from robust. But Hidrock is able to move forward with some confidence because of the enormous discount it just got on a near-empty office building near Herald Square which it plans to convert into a hotel.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Intent beats volume: What real estate teams are learning from AI-powered follow-up
Insights from one million calls show intent based targeting, better context, and local numbers can improve appointment conversion.
-
A search for a home in France shaped Real Brokerage CEO Tamir Poleg’s view on listing fragmentation
-
Don’t take the bait: The coordinated comms strategy for Zillow and Compass
-
Summit Sotheby’s International Realty shines in 2026 RealTrends rankings
-
New home applications fall 3% as mortgage rates top 6.5%
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio