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The city implemented a law in 2021 intended to return apartments used as short-term rentals back into permanent housing. Last year, New York City took one property owner to court, saying the ...
Corporate housing. Corporate housing is a term in the relocation industry that implies renting a furnished apartment, condo, or home on a temporary basis to individuals, military personnel, intern groups, or corporations as an alternative to a traditional hotel or an extended hotel stay. According to Corporate Housing Providers Association ...
Short-term rental ( STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
Airbnb, Inc. ( / ˌɛərˌbiːɛnˈbiː / AIR-BEE-en-BEE) is an American company operating an online marketplace for short- and long-term homestays and experiences. The company acts as a broker and charges a commission from each booking. The company was founded in 2008 by Brian Chesky, Nathan Blecharczyk, and Joe Gebbia.
New York City vacancy rates hit a historic low in February. NYC vacancy rates are so low—and affordable housing is so sparse—that a super PAC has formed to elect politicians to build more ...
The average rent for a 700-square-foot apartment in New York City is more than $4,700, according to RentCafe, and only 1% of apartments are less than $2,000 per month. By comparison, the average ...
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