Share |

Content about New York City

August 11, 2015

A collaboration has formed in Montgomery County’s life sciences industry, Germantown-based Intrexon Corporation (NYSE: XON) and Rockville-based Synthetic Biologics Inc (NYSE: MKT) announced that the two companies will pursue an innovative biotherapeutics treatment for Phenylketonuria.

Phenylketonuria is a rare disease passed down genetically and happens at birth. Infants are born without the ability to properly break down an amino acid called phenylalanine. Symptoms include lighter skin and hair, seizures and abnormal motor and mental skills.

July 16, 2015

Rockville, Md-based Choice Hotels International, Inc. (NYSE: CHH) celebrated the grand opening of the first New York City Cambria hotel and suites , with New York City being among the busiest and liveliest cities in the world, the introduction of the Cambria brand will give travelers an affordable lodging option in the heart of Manhattan.

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.

August 1, 2011

The joint venture brings the number of hotel properties under ownership for the Bethesda based lodging real estate investment trust to 20.

 

Pebblebrook Hotel Trust (NYSE: PEB) said it will acquire an equity interest of 49% in six Manhattan properties including the Affinia Manhattan, Affinia Shelburne, Affinia Dumont, Affinia 50, Affinia Gardens and The Benjamin, in exchange for a $153.6 million equity investment.

The aggregate number of rooms for all properties will be 1,730 once a renovation of the Affinia Manhattan is complete. Affinia is a boutique hotel brand with locations in Washington, D.C. and Chicago, in addition to New York City.