The millions of people who think that New York City is a nice place to visiteven if they wouldn't want to live therenormally keep the city's hotels as busy as any in the world. But rising costs and the business recession have driven many New York hotels into the red. In the first three months of 1971, their occupancy rate sank to 65%, the lowest in eight years. One of the few hoteliers who remains undaunted by that gloomy statistic is Real Estate Operator Harry Helmsley. This month he boldly opened Manhattan's first new hotel since 1965: the Park...
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