The City Council is prepared to approve the mayor’s proposal to raise property taxes by 7 percent and to increase a tax on hotel rooms to more than 5 percent per room.
Like hotels built in China by other U.S. chains, Days Inns are almost unrecognizable to those familiar with their American counterparts.
Reverting to a 19th-century model, the town intends to develop housing for young 21st-century commuters along the route of the Long Island Rail Road.
The completion of a $200 million renovation of the Book Cadillac hotel in downtown Detroit is another sign for residents that the city is working to regain some polish and prestige.
Most hotel projects that have not begun construction are likely to be canceled or delayed, an effect of the economic downturn and the credit crisis.
Motels are going condo but keeping their classic character.
Louis R. Cappelli, a Westchester County builder, emerged as an unlikely potential savior after the federal government quashed a decades-long effort to bring casino gambling to the Catskills.
