Recessions Begin When New Yorkers Stop Building


Curbed: The hotel construction boom that descended on the city in 2010 has begun to ease up its white-knuckle grip. Plans for only 512 hotel rooms in six buildings have been filed throughout the city since January according to TRD. Compare that to the 36,000 rooms plans have been filed for since 2010. The hotel boom has been running out of fuel for the past few years...