Scott Rechler s RXR nearing unorthodox partnership deal with Airbnb Its the latest effort by the $35B home-sharing firm to workaround strict city laws that have hinde爱上海同城对对碰
Airbnb CEO Brian Chesky and RXR Realty CEO Scott Rechler (Credit: Getty Images and iStock)
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The startup, valued at $35 billion, is navigating options to workaround city laws that have hampered its operations here. With RXR, the short-term rental firm is planning to operate hospitality spaces in existing commercial buildings with a goal to target professionals and business travelers, according to Politico.
New York City council has targeted users of Airbnb in the city for short term rentals and set up a task force to issue violations against people who lease apartments for short term rentals without being present. Some landlords have even been accused of harassing rent-stabilized tenants and by using Airbnb in their buildings.
But the city laws don t apply to commercial buildings or hotels, which would offer a workaround for Airbnb if it strikes a deal with RXR to use its commercial buildings. RXR owns 15 commercial properties in New York, including 12 in Manhattan.
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Airbnb is currently battling the city on a new law that requires it to provide huge amounts of data on its listings. Parallel to that, Airbnb is trying to work with legislators in Albany to legalize its business. [Politico] David Jeans
Tags: airbnb, Commercial Real Estate, RXR Realty, scott rechler We are having some technical difficulties. Try again later.
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