Stories Related to Marriott Marquis Deal Could Cost Taxpayers $344.9 Million, Audit Says

Because of a 1998 agreement, Marriott can buy the property under its Times Square hotel for $19.9 million, one-tenth of its current value, according to a report by the city comptroller.

Sections:  news   business   
RELATED ARTICLES
  • Hotels Carve Out Work Spaces, Rented Hourly
    For some hotels, lobbies, business centers and meeting areas have become an untapped source of additional revenue and new customers who live and work nearby. More
  • 5 hotel fees you'll see more of in 2013
    Get ready for some annoying new hotel fees, such as minibar restocking and baggage holding fees, in 2013 as projected modest occupancy increases embolden hotels to tack on new fees and surcharges even for their most loyal guests. More
  • The $50000 Inauguration Hotel Suite
    Still looking for a place to stay for the inauguration? If you’re the type to drop $50,000 on the hotel suite where Jennifer Lopez threw Marc Anthony’s 41st birthday party, the Godfather 2 was filmed, and Marilyn Monroe slept off a long night of policy debates, then we’ve got the place for you—the “Extreme-Wow Suite” at Washington’s W Hotel. More
  • Still One Of Napa Valley's Best Hotels: The Enduring Charms Of Meadowood
    Meadowood lives up to its billing as one of the Napa Valley’s best country resorts. Even though some of its competitors are hipper, younger, greener, and newer, one person’s throwback is another person’s classic. More
BING NEWS:
  • Microsoft AI Startup Deal Investigated by FTC: What To Know
    In March, Microsoft hired Inflection AI's co-founder and nearly all of its employees, agreeing to pay the startup approximately $650 million as part of a licensing deal to resell its technology, the ...
    06/5/2024 - 1:00 pm | View Link
  • DC attorney general reaches $40 million tax case settlement with founder of MicroStrategy
    TAXESDC attorney general reaches $40m settlement with founder of MicroStrategyThe attorney general for the District of Columbia reached a $40 million settlement with Michael Saylor and the software ...
    06/3/2024 - 9:48 am | View Link
  • Costs to Arizona taxpayers to reach $314 million in racial profiling verdict against then-sheriff
    The taxpayer costs for the racial profiling verdict arising from then-Sheriff Joe Arpaio's immigration crackdowns are expected to reach $314 million.
    05/21/2024 - 4:23 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News