fortuna realty group – Commercial Observer

Previous rendering of 120 Water Street from 2016.

Finance · Construction

Atlas Nabs $40M BOA Loan to Develop FiDi Luxury Hotel

By Mack Burke

Morris Moinian. Photo: Chris Sorensen/For Commercial Observer

With His Hospitality Niche, Morris Moinian Is Making a Big Play in Chelsea, Flatiron

By Lauren Elkies Schram

With Oversupply and Falling Room Rates, the Last Thing the Hotel Biz Needs Is a Travel Ban

By Lauren Elkies Schram

36 West 38th Street before demolition. Photo: PropertyShark

Sales · Hotels

Gemini Bryant Park Development Site Hits Auction Block Starting at $19.3M

By Lauren Elkies Schram

The Jade Hotel at 52 West 13th Street.

Sales · Hotels

Gemini Real Estate Advisors Completes $78M Sale of Jade Hotel

By Liam La Guerre

The Wyndham Garden at 37 West 24th Street (Photo; CoStar).

Sales · Hotels

Gemini Sells Third Hotel in Bankruptcy Auction for $60M

By Liam La Guerre

The collapsed site at 25 West 38th Street (Photo: FDNY/Twitter).

Design + Construction · Construction

One Dead, Another Seriously Injured at Fortuna’s Midtown Hotel Site

By Terence Cullen

Rendering of Aloft hotel at 25 West 38th Street (Image: Nobutaka Ashihara Architect).

Design + Construction · Construction

Fortuna Starts Demo on West 38th Street Aloft NYC Flagship

By Lauren Elkies Schram

Fortuna Realty Group Sells Two Morningside Heights Properties for $14M

By Al Barbarino