The rules “are a blow to its tourism economy and the thousands of New Yorkers and small businesses in the outer boroughs who rely on home sharing and tourism dollars to help make ends meet,” says Theo Yedinsky, global policy director for Airbnb. “The city is sending a clear message to millions of potential visitors … Read more
U.S real estate investment trusts today manage $4.5 trillion in real estate worldwide. Many groups on Wall Street offer these tax-friendly funds to retail investors. KKR’s real estate business is one of the big players in the REIT game. The private equity firm manages multiple REIT funds. The KKR Real Estate Select Trust, which currently … Read more
.jpg "What Ever Happened to the Tiny House Movement?")
This story originally appeared on Grist and is part of the Climate Desk collaboration. In 1997, Jay Shafer built his first tiny house: a miniature country chapel with tastefully weathered wood, a high-pitched roof, and tall, crimson-trimmed windows. The exercise was part design challenge, part architectural rebellion. Shafer’s abode measured roughly 12 feet tall and … Read more