Manhattan Holiday Inn just hit the (taxpayer) jackpot…

1 year ago
9

Manhattan Holiday Inn just hit the (taxpayer) jackpot…

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A bankrupt Holiday Inn in Manhattan's Financial District has won the right in court to house migrants to the tune of $190-a night, a fee that will total $100,000 a day for taxpayers.  US Bankruptcy Judge Philip Bentley approved the 50-story hotel's application to sign a contract which could last until April 2024 with the city which will bring in around $10.5 million into the Holiday Inn's coffers over the next 14 months, reports Bloomberg.  If migrants are still in the hotel after the contract expires, the city will be required to pay Holiday Inn a whopping $750 per night.  ...
Source: https://www.dailymail.co.uk/news/article-11701685/Downtown-Manhattan-190-night-Holiday-Inn-wins-judges-approval-migrant-shelter.html

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