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.
New plans for Herald Square offices
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2024 is not the year to cut corners on staging — here’s why
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.