Roosevelt Hotel in Pakistan received $146 million in funds from migrants and now has a tax debt of $13.6 million.
The Pakistani government is once again causing issues for New York City taxpayers. Having spent $146.6 million to convert the Roosevelt Hotel into an immigrant shelter over the past two years, the Pakistani-owned property is now leaving the city with $13.6 million in unpaid property taxes and almost $1 million in overdue water bills. Even […]
The future of the Roosevelt Hotel is uncertain despite the agreement between the White House and Pakistan.
Concerns Surround the Future of the Roosevelt Hotel On February 17, just before news emerged about a supposed “agreement” between the U.S. General Services Administration (GSA) and the Pakistani government to redevelop the Roosevelt Hotel, Mohammad Ali, an adviser to Prime Minister Shehbaz Sharif, shared insights with AAJ, a Pakistani news channel. He mentioned that […]
White House-Pakistan agreement to renovate NYC’s Roosevelt Hotel leads to more questions than solutions
In a surprising turn of events, the Trump administration announced on Thursday it has reached an agreement with the Pakistani government to jointly redevelop the Roosevelt Hotel located on Madison Avenue. It’s been described as an unsightly, vacant space with at least $1 billion in potential development value, according to real estate analysts. The 22-story […]
As NYC’s iconic Roosevelt Hotel location remains in uncertainty, a team from Morgan Stanley is ready to take on the role of new financial adviser, according to sources.
A group backed by Morgan Stanley seems to be in the mix to become Pakistan International Airlines (PIA)’s new financial adviser for the Roosevelt Hotel site in Midtown East, according to sources shared with the Post on Monday. This consortium will take over from JLL, which stepped down last summer. Recently, the Saudi Arabia-based Arab […]
AOC ridiculed for tackling litter on rundown Roosevelt Avenue
Ocasio-Cortez’s Garbage Can Initiative Draws Criticism Representative Alexandria Ocasio-Cortez recently celebrated the addition of new trash cans along Roosevelt Avenue in Queens through social media. However, many feel she overlooked more pressing issues. Critics quickly pointed out the ongoing problems in the area, specifically the notorious “lovers’ market,” which features a visible presence of sex […]
Why Teddy Roosevelt would give Donald Trump a disapproving look at Mount Rushmore
Legislation to Carve Trump on Mount Rushmore Introduced Just eight days into President Trump’s second term, Senator Anna Paulina Luna (R-FLA) has put forward a proposal to have Trump’s likeness carved into Mount Rushmore. Her legislation has gained support from Rep. Andy Ogles (R-Tenn.), who suggests that Trump should be added alongside the famous faces […]
As migrants leave Roosevelt Hotel, the sought-after building encounters a new phase of development.
Rumors Surrounding the Roosevelt Hotel’s Future The Roosevelt Hotel is likely to be sold to make way for a new office tower by Pakistan International Airlines, according to its website. There’s been a lot of buzz about this lately. This month, the city cleared out immigrants from the buildings located between Madison and Vanderbilt Streets, […]
Roosevelt Hotel shelter in New York City will end operations next week as the final migrant families move out.
The Roosevelt Hotel immigration shelter is set to close, having operated for three years. It became a notable symbol of the city’s immigration challenges located right in Manhattan. As of Thursday, the shelter still housed fewer than ten asylum seekers. The venue was active on its last day as a spot for immigration intake, situated […]
Man climbs 250-foot-high tower of the Roosevelt Island Tram in New York City
Police, along with surprising video footage, revealed that a masked climber, described as a “Daredevil,” had to be apprehended while attempting to scale the Roosevelt Island tram on Monday evening. The 20-year-old suspect was seen casually pacing along the gangway of the tram’s 250-foot-high support tower on the Manhattan side. The footage showed him occasionally […]
Normal operations continue on Roosevelt Avenue in NYC, even as undocumented workers express fear over Trump’s anticipated ICE enforcement: ‘I’m scared every day’
Concerns Persist on Roosevelt Avenue Amid Immigration Crackdown Roosevelt Avenue continued its routine, seemingly untouched by the turmoil linked to immigration enforcement. Despite threats of severe crackdowns from the Trump administration on cities led by Democrats, daily life played out as usual, albeit under a cloud of fear. Workers in the sex trade and vendors […]