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Epstein File EFTA01385353: Construction (DS10)

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This document contains economic analysis of hotel construction activity across U.S. markets. It notes that construction is active in several markets including Nashville, New York, Seattle, and Denver, with particular focus on New York City-area construction representing 10.7% of existing supply, concentrated in upscale and upper midscale select-service hotel segments.

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Most markets have a manageable supply pipeline in the near term, although **construction** is brisk in a few markets like Nashville, New York, Seattle, Denver
Excerpt 2
Of importance, New York City-area **construction** activity (10.7% of existing supply) is concentrated in Upscale and Upper Midscale (select-service) hotel

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