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NYC is housing migrants in hotel rooms that it pays for. https://www.morningstar.com/news/marketwatch/20230926176/housing-migrants-in-nyc-hotels-will-cost-14-b
by nostromo 3y ago
NYC is housing migrants in hotel rooms that it pays for.
https://www.morningstar.com/news/marketwatch/20230926176/housing-migrants-in-nyc-hotels-will-cost-14-billion-through-2026 https://www.morningstar.com/news/marketwatch/20230926176/hou...
Some hotels are charging the city $300 a night.
https://www.bloomberg.com/news/articles/2023-06-09/nyc-migrants-how-nyc-is-finding-housing-and-what-it-costs https://www.bloomberg.com/news/articles/2023-06-09/nyc-migra...
A billion here, a billion there... pretty soon you're talking real money.
- gosub100 3y agoWonder why they don't include AirBnB in that? Oh, yeah, I forgot, they're totally not a hotel, right?
- nostromo 3y agoAirBNB is all but banned in NYC. So the hotels are full of migrants, not tourists, and there are few other options, which further hurts the local economy.
- woodruffw 3y agoTourism numbers are rapidly approaching pre-pandemic highs[1], with the main inertia being Asian tourism, not a lack of hotel availability. The city really shouldn't be attempting to house migrants in midtown Manhattan, but doing so isn't actually appearing to hurt tourism numbers. [1]: https://www.thecity.nyc/2023/09/05/tourists-china-hotel-rates/ https://www.thecity.nyc/2023/09/05/tourists-china-hotel-rate...
- lapphi 3y agoWhy does it cost so much? Seems strange that the city is unable to negotiate better rates if these hotels are struggling