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Mulberry Development CEO Michael Buono Discusses Modern Hotel Design

With a background in financial analytics, one could argue that Mulberry Development Principal & CEO Michael Buono was as equipped as anyone to weather the economic collapse of 2008 that tore through the construction and real estate industry like a Category 5 hurricane.

One thing is undeniable: The close-shave timing of his entry into the hospitality development business couldn’t have been worse. “The word on the street was we were the last project that was funded [as a lender] in Manhattan by HSBC before the financial meltdown took place,” Buono said of his Ace Hotel New York project. “What I saw was fear and lots of instability because the market just imploded.”

Frankfurt Airport Workers Set to Strike Jan. 15

01.15.19 Update: According to Reuters, German airport security staff have started a one-day strike. Lufthansa said it would cancel around 500 flights, 28 of which are intercontinental.

01.14.19 Update: Lufthansa announced it will cancel at least 414 flights due to a possible strike on Tuesday, January 15 at eight German airports, including Frankfurt. The airline said the cancellations include 386 flights within Europe and 28 international flights.

Airline passengers planning on traveling to, from or through Germany’s Frankfurt Airport during this timeframe may have to find alternative plans.

According to a notification on Lufthansa’s homepage, due to a strike by security staff at the airport, a major European hub, Lufthansa Group flights to and from Frankfurt will be considerably hindered Tuesday, January 15.