NYC Gazette

New York-based Ares Capital stays silent on new lending standards that would offer hotel industry relief

By Karen Kidd | Jun 11, 2020

New York-based Ares Capital Corporation isn't responding to questions about whether it will abide by a newly founded hotel industry group's lending standards amid the ongoing COVID-19 pandemic that has gutted the hospitality industry.

Clarion Partners stays silent on new lending standards that would offer hotel industry relief

By Karen Kidd | Jun 8, 2020

New York-based Clarion Partners isn't responding to questions about whether it will abide by a newly founded hotel industry group's lending standards amid the ongoing COVID-19 pandemic that has gutted the hospitality industry.

Manhattan hotel general manager urges Rep. Maloney to stop lenders' COVID-19 'vulture tactics'

By Karen Kidd | Apr 21, 2020

A Manhattan hotel general manager recently appealed to his congressional representative to stop lenders are using "vulture tactics" to prey on borrowers hard struck by the COVID-19 pandemic's economic impact.

COVID-19 furloughed Manhattan hotel guest service agent worried about rent, providing for family

By Karen Kidd | Mar 22, 2020

COVID-19 furloughed Manhattan hotel guest service agent worried about rent, providing for family