On the Market: H&H Closing; Big Boutique Hotel Trade; Rent-Regs Deal


State Legislature creates deal to extend rent regulations. [NY Times]

SEE ALSO: Sterling Flips High-End Rodeo Drive Property in $110M Sale to LVMH

The New York Senate considers killing taxi bill that would increase service in boroughs. [NY Post]

A hotel trust is purchasing a nearly 50 percent stake in six Manhattan boutique hotels. Is the hotel market rebounding? [Journal]

A New York celebrity tattoo artist moves parlor to Sixth Avenue. [Crain’s]

An empty lot on Clinton could become Karl Fischer-designed affordable housing. [Brownstoner]

Some luxury real estate properties are getting yet another perk—automated car parking. [NY1]

Famous Upper West Side bagel shop is closing its doors for unknown reasons. [Journal]

Developers now interested in Elaine’s space. [NY Post]

New York homeowners are more underwater on their mortgages than those in other states. [Journal]

Queens residents gather to oppose property tax subsidies that don’t support more than part-time, minimum wage jobs. [The Real Deal]

Co-founder of Pergolis Swartz leaves firm to start his own company, prompting lawsuit. [The Real Deal]