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Rents are down, vacancy rates are up in NYC rental market

Aug 14, 2020
A July report shows landlords are having a harder time finding tenants in the pandemic.
The notoriously pricey rental market is in upheaval.
Angela Weiss/AFP via Getty Images

Short-term rentals spur businesses around new services for visitors

Apr 2, 2018
As more and more vacationers book private residences for trips, using sites like Airbnb or HomeAway, there’s no front desk to call when they need something. So online concierge services and other support businesses are springing up in response. The New Jersey-based concierge service Stock the House, for example, provides somebody who will do grocery […]

Disrupting the hotel industry and urban economies

Jan 26, 2017
Leigh Gallagher dives into the story of Airbnb in her new book, looking at how a business idea turned into a multibillion-dollar company.
Co-founders of Airbnb Brian Chesky, Joe Gebbia and Nate Blecharczyk speak at a Q&A at the Los Angeles Theatre during Airbnb Open LA on Nov. 19, 2016, in Los Angeles.
Mike Windle/Getty Images for Airbnb

How investors are profiting off a 'rentership society'

Oct 10, 2014
The housing crisis created a slew of new landlords. Does an investor makes a good one?
A house on Beech Avenue in Cincinnati, Ohio.  In Cincinnati's East Price Hill, Ken Smith runs a community development corporation Price Hill Will. Their community development work includes buying neglected buildings that are unattractive to investors, and rehabbing them into beautiful homes. Smith shows me a stately yellow two-story on Beech Avenue. "The street has a lot of potential, and has a lot of investment," he says.
Wkimedia Commons

Does 'something rented' count as 'something borrowed'?

Sep 9, 2014
Wedding clothes rentals are officially online.

Shocker: Rent is very, very high

Aug 22, 2014
A new study from Zillow pegs median rent at $1,318 per month nationwide.

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Is vacation rental site Airbnb illegal?

May 27, 2013
Last week a judge in New York ruled online vacation rental site Airbnb is violating laws against running illegal hotels.

Investors turning foreclosed homes into rentals

Mar 23, 2012
According to Bloomberg Markets Magazine, private investors are buying up foreclosed properties by the bushel and renting them out at a profit.

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