R.A. Schuetz
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Thousands of hotels facing foreclosure as pandemic persists

Thousands of hotels facing foreclosure as pandemic persists

Houston hotels are not expected to return to pre-pandemic revenue levels , according to commercial real estate firm CBRE. Some may not make it that long.The American Hotel and Lodging Association predicts the industry is facing "massive foreclosures of thousands of hotel properties" across the nation, according to a press release sent out Wednesday."With a sharp decline in travel demand, nine times worse than September 11 and with lower room occupancy than during the Great Depression, our small business owners are struggling to survive," Chip Rogers, the association's chief executive, said...

July 1, 2020
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Study finds Houston leads most cities in racial, economic and poverty disparities

Study finds Houston leads most cities in racial, economic and poverty disparities

Houston touts itself as one of the most diverse cities in America. It is also one of the worst for minorities when it comes to racial segregation and education and poverty gaps, according to .Of the 274 cities measured by the institute for how well they include low-income and minority residents in the city’s economic prosperity, Houston ranked second to last.Though Houston boasts a diverse population and low unemployment rate, it is behind its peers in providing opportunities for economic advancement — 6 percent of Houston households with a member working full time are living in poverty,...

September 19, 2020
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Houston Mayor Turner in favor of a two-week shut down to reduce COVID-19 spread

Houston Mayor Turner in favor of a two-week shut down to reduce COVID-19 spread

This is a carousel. Use Next and Previous buttons to navigateHouston leaders are calling for another two-week shutdown as dozens of Army personnel are set to arrive Monday to help fight a virus that continues to set record hospitalizations and deaths in the Texas Medical Center.Mayor Sylvester Turner said it’s time for the city of Houston to “step back,” as regional cases rose to 63,864 on Sunday — up 1,596 from the day before. There have been 646 deaths in the Houston area. Positive results are coming back for about 16 percent of Texas test-takers.“Let’s look at the numbers, look at the...

July 13, 2020
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Judge blocks renewed effort to halt East End affordable project

Judge blocks renewed effort to halt East End affordable project

A Harris County District Court judge on Thursday declined to issue a temporary restraining order that sought to halt an affordable housing project in the East End.The hearing came after developer Alan Atkinson filed suit Wednesday alleging the Houston Housing Authority and City of Houston did not have the authority to buy land just north of Buffalo Bayou almost directly across from Clayton Homes for the project.Federal law requires all properties used for Department of Housing and Urban Development projects to be free of hazardous materials and contamination that could affect the safety of...

May 1, 2020
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Gov. Abbott will reopen bars. But in Houston, they’re already swinging.

Gov. Abbott will reopen bars. But in Houston, they’re already swinging.

This is a carousel. Use Next and Previous buttons to navigateThe clacking of heels echoed against Washington Avenue’s pavement and the scent of musky cologne wafted through the air. A group of men pedaled down the street on a party trolley. A woman on stilts in a sequined dress made her way inside a bar to entertain the crowds. Small groups ballooned into long, snaking lines along one of Houston’s most popular party strips, as hundreds of bargoers congregated with little social distance.It was 10 p.m. on the first Saturday night in October, a typical night out in Houston — typical, that is,...

October 8, 2020
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