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Sonder sued by New York developer Metro Loft for $103m
Reading Time: 2 minutesUS: Hospitality startup Sonder is being sued by New York developer Metro Loft, which wants the company to leave the property at 20 Broad Street. This is Sonder’s second recent brush with a lawsuit, after it sued a San Francisco landlord for an early exit on a lease. The vertically integrated real estate development and management […]
New York City pushes Guesty for illegal listing information
Reading Time: 2 minutesUS: In its continued efforts to limit the presence of illegal listings, New York City officials have been in talks with Israeli property management software company Guesty. The city brought a lawsuit against Guesty in March, accusing it of focusing on “helping people flout laws against short-term rentals”. At the time, the lawsuit was filed […]
NYC mayor signs Airbnb data legislation
Reading Time: 2 minutesUS: New York mayor Bill DeBlasio signed multiple property bills into legislation this week, including one mandating data reporting for short-term rentals. The bill is a part of the longstanding battle between the city and Airbnb over data sharing with the New York Office of Special Enforcement. The dispute had been in place since 2018, […]
Airbnb dismisses data-sharing lawsuit against New York City
Reading Time: 3 minutesUS: Airbnb has settled its drawn-out dispute with New York City by dismissing a lawsuit against the city over the data-sharing requirements it was imposing. The company has now agreed to hand over information and data on its hosts in the city to officials, allowing them to monitor and prosecute those people who are violating […]
New York City files lawsuit against Guesty
Reading Time: 3 minutesUS: New York City has announced it is suing Israeli property management software platform Guesty over its business model, which the city says is “focused on helping people flout laws against short-term rentals”. The lawsuit against the platform was filed in a state court in Manhattan as investigators began an investigation seeking evidence and records […]
RedAwning publishes New York market trends report
Reading Time: < 1 minuteUS: Vacation rental network RedAwning has published an in-depth Market Report which delves into alternative accommodation trends that are emerging across New York City. The report particularly highlights the significant impact that corporate and short-term housing demand has had on the market in Manhattan, Brooklyn and Queens. It reports that the booking value of hotels […]
Airbnb in data compromise with New York
Reading Time: 2 minutesUS: Airbnb has called a truce with New York City by turning over partially redacted home-sharing data of 17,500 listings in the city, according to court documents. The data, which did not include user-specific information, included listings posted between January and February 2018. It was provided to the city in April in response to a […]
Airbnb partners with RXR Realty to operate Rockefeller Center suites
Reading Time: 2 minutesNew York: Guests on Airbnb will soon be offered the opportunity to book luxury apartment-style suites within New York’s iconic Rockefeller Center. The firm has acquired ten floors at the location of 75 Rockefeller Plaza, with plans in place to convert them into 200 overnight suites in a newly-formed partnership with real estate developers RXR […]
New York City subpoenas Airbnb for hosts’ data
Reading Time: 2 minutesNew York: New York City has subpoenaed Airbnb for data on around 20,000 listings in the area to ensure hosts comply with local short-term rental regulations. In an interview with the NY1 television channel, New York City Mayor Bill de Blasio stated his reasoning for the subpoena from the Office of Special Enforcement: “If your […]
The Collective to make New York history by opening $450 million co-living space
Reading Time: 2 minutesBrooklyn: British company, ‘The Collective’, is set to make shared-living space history in New York City by opening a $450 million co-living space in Brooklyn. The Collective last week purchased a site at 555 Broadway, on the border of Williamsburg and Bushwick, for the 350,000-square-foot development, which will be the biggest ever space devoted exclusively […]