BML 5.08 Increased By ▲ 0.02 (0.4%)
BOP 13.26 Increased By ▲ 0.26 (2%)
CNERGY 7.20 Increased By ▲ 0.08 (1.12%)
CPHL 86.70 Increased By ▲ 0.63 (0.73%)
DCL 14.71 Increased By ▲ 0.04 (0.27%)
DGKC 169.15 Increased By ▲ 0.34 (0.2%)
FCCL 46.30 Increased By ▲ 0.13 (0.28%)
FFL 16.00 Increased By ▲ 0.08 (0.5%)
GCIL 27.00 Decreased By ▼ -0.26 (-0.95%)
HUBC 143.70 Increased By ▲ 1.79 (1.26%)
KEL 5.10 Decreased By ▼ -0.02 (-0.39%)
KOSM 6.90 Increased By ▲ 0.01 (0.15%)
LOTCHEM 21.00 No Change ▼ 0.00 (0%)
MLCF 84.40 Increased By ▲ 0.33 (0.39%)
NBP 122.50 Increased By ▲ 0.12 (0.1%)
PAEL 42.20 Increased By ▲ 0.02 (0.05%)
PIAHCLA 22.15 Increased By ▲ 0.19 (0.87%)
PIBTL 9.17 Increased By ▲ 0.18 (2%)
POWER 14.10 Increased By ▲ 0.01 (0.07%)
PPL 170.61 Increased By ▲ 0.66 (0.39%)
PREMA 43.80 Increased By ▲ 0.03 (0.07%)
PRL 33.05 Increased By ▲ 0.18 (0.55%)
PTC 24.60 Increased By ▲ 0.01 (0.04%)
SNGP 119.80 Increased By ▲ 0.50 (0.42%)
SSGC 45.56 Increased By ▲ 0.39 (0.86%)
TELE 8.18 Increased By ▲ 0.01 (0.12%)
TPLP 10.46 Increased By ▲ 0.13 (1.26%)
TREET 24.18 Increased By ▲ 0.03 (0.12%)
TRG 59.30 Increased By ▲ 0.45 (0.76%)
WTL 1.56 Increased By ▲ 0.01 (0.65%)
BR100 13,643 Increased By 63.7 (0.47%)
BR30 39,895 Increased By 228.4 (0.58%)
KSE100 134,494 Increased By 711.3 (0.53%)
KSE30 40,844 Increased By 162.6 (0.4%)

NEW YORK: New York City is ending its $220 million lease agreement with the PIA-owned Roosevelt Hotel, which had been serving as a migrant shelter, following intense criticism from some of US President Donald Trump’s supporters over the use of American taxpayer money to house asylum seekers.

The iconic hotel in Manhattan was shut down in 2020 due to a severe loss of revenue resulting from the coronavirus pandemic. Three years later, its management signed a lease contract with the New York City which converted it into a shelter for a large number of asylum seekers in the United States.

Facing pressure from both the federal government and right-wing hardliners, Mayor Eric Adams announced the closure of the facility on Monday.

Comments

200 characters