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Content about New York

August 9, 2012

This seasons sweltering heat may be keeping most indoors, but a fashionable function at the Carnegie Library this past Saturday drew in quite a crowd.  Fashion du Soleil: A Fashion Wonderland manifested as collaboration between non-profit The Jarmal Harris Project, local fashion ambassadors, and high profile designers from the D.C. Metro area and beyond.

January 6, 2012

Can you tell us a little about yourself and your work at LCOR?

June 1, 2012

Bethesda-based RLJ Lodging Trust (NYSE: RLJ) expanded its portfolio of hotel properties with the acquisition of the Residence Inn by Marriott Bethesda Hotel Downtown and the Courtyard New York Manhattan/Upper East Side.

Marriott Bethesda Hotel Downtown is located in the Bethesda central business district close to RLJ's corporate headquarters at 3 Bethesda Metro Center. The property has 187 guest-rooms and was purchased for $64.5 million or $345,000 per room-key.

January 31, 2012

Annapolis-based Chesapeake Lodging Trust (NYSE: CHSP) plans to make its second hotel acquisition in New York City.

The Hotel Lodging real estate investment trust (REIT) has entered a definitive agreement to buy the Hyatt Place New York Midtown South. Located at 52-54 West 36th Street,New York, New York, the property is less than a mile from Madison Square Garden and Radio City Music Hall.

Chesapeake Lodging Trust is expected to purchase the 185-room Hyatt brand hotel for $76.5 million or $414,000 per room key.

January 31, 2012

Annapolis-based Chesapeake Lodging Trust (NYSE: CHSP) plans to make its second hotel acquisition in New York City.

The Hotel Lodging real estate investment trust (REIT) has entered a definitive agreement to buy the Hyatt Place New York Midtown South. Located at 52-54 West 36th Street,New York, New York, the property is less than a mile from Madison Square Garden and Radio City Music Hall.

Chesapeake Lodging Trust is expected to purchase the 185-room Hyatt brand hotel for $76.5 million or $414,000 per room key.

September 8, 2011

Baltimore-based Constellation Energy (NYSE: CEG) will now be able to offer homeowners in Maryland, New Jersey, New York, Massachusetts, Ohio and Pennsylvania solar panels, service and installation via leasing options.

In Maryland, the products and services will be offered under the Constellation Energy's Baltimore Gas and Electric (BGE) Home subsidiary. The remaining states will be serviced under the Powered by Constellation Energy brand.

August 3, 2011

Annapolis, Md., based Chesapeake Lodging Trust (NYSE:CHSP), announced that in the second quarter of 2011 it has doubled the number of properties in its holdings. The lodging real estate investment trust (REIT) is also in the process of acquiring a hotel under construction in midtown Manhattan, New York, New York, the company has already committed $52.2 Million to the property.

Revenue for the second quarter ended June 30, 2011 totaled $29.8 Million, a big jump from last year's period when $8.7 Million in revenue was reported.

August 3, 2011

Annapolis, Md., based Chesapeake Lodging Trust (NYSE:CHSP), announced that in the second quarter of 2011 it has doubled the number of properties in its holdings. The lodging real estate investment trust (REIT) is also in the process of acquiring a hotel under construction in midtown Manhattan, New York, New York, the company has already committed $52.2 Million to the property.

Revenue for the second quarter ended June 30, 2011 totaled $29.8 Million, a big jump from last year's period when $8.7 Million in revenue was reported.

July 25, 2011

Bethesda, Md based DiamondRock Hospitality Company (NYSE: DRH), a lodging real estate investment trust (REIT) reported a net loss of $556,000 for the second quarter ended June 17, 2011 versus a net income of $839,000 in the same period of 2010.

The report was released after market hours.

Total revenue for the quarter was $169.5 Million, up from $151.1 Million in the second quarter of 2010. For the past two quarters ended June 17, 2011, revenue totaled $291.8 Million.  

July 20, 2011

One of the largest venture capital firm in the nation will expand into New York. Chevy Chase, Maryland firm, New Enterprise Associates, Inc expects to make its presence known using the experience it's gained doing business Maryland. The new office will be located at 44 West 28th Street in the Chelsea area in lower Manhattan. NEA also has an office in the Timonium area of the Baltimore metro.