![United States: Hotel And Office Conversions — An Update - Kramer Levin Naftalis & Frankel LLP](https://cdn.newsserve.net/ONPglobe256.png)
United States: Hotel And Office Conversions — An Update - Kramer Levin Naftalis & Frankel LLP
Since January 2021, multiple proposals were introduced in the New York State legislature to permit underutilized hotel and/or office buildings, many of which have become financially distressed due to the COVID-19 pandemic.
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