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...“Most people in New York City and beyond feel like there was absolutely a win-win on the table,” he said, citing offers to city authorities to introduce a hotel tax or a housing registration scheme to limit...
...Inditex maintained its rental contracts with landlords during the store closures, but has not disclosed on what terms....
...Chief executive Rita-Rose Gagné said that with the sales completed the company would now focus on investing into its consolidated portfolio of city centre shopping centres to boost their performance....
...Other countries and cities have already taken action. New York began in September enforcing a de facto ban on short-term rentals. Barcelona was an early mover against sites such as Airbnb....
...And rents are rising — albeit far more slowly than in other global cities, many of which are in the grip of a rental crisis....
...Earlier this year, residents in Paris voted to ban rental e-scooters, shutting down what had once been the industry’s largest market....
...It filed several hundred lawsuits last year against owners, but city officials say they need new powers to intensify controls and cut down on the estimated 25,000 illegal rentals focused in the city centre...
...At a time when rental accommodation is prohibitively expensive, any and all change of use is to be encouraged. The Tower Hill conversion is considerate and well-conceived....
...An attempt to establish a city government register of temporary rentals has failed miserably, with just over 500 registered as of November....
...Authorities worldwide are increasingly targeting Airbnb as housing has become scarcer for local residents, rents have risen and cities have been overrun with tourists....
...London was “just starting to head back to a more normalised market”, he said, following the influx of people who returned to the city after the Covid-19 pandemic....
...The economics of scooter rentals have never made sense at any level. The cost of buying and maintaining a fleet is high. Yet rental prices need to stay low to keep riders....
...Indeed, they provoked such irritation among Parisians that rental e-scooters were banned from the city in September 2023....
...The city has been holding monthly workshops in town halls to inform people about subsidies and offer advice....
...But WeWork made its name with eye-catching, city centre offices, rapid expansion and the lofty goal of changing the way that the world works....
...Meanwhile, the average rental price increased 8 per cent between the start of 2022 and November last year, while the number of rental homes advertised in the final quarter of 2023 was 23 per cent down on...
...While rent rises are slowing, factors such as landlords selling up and people moving back to cities after the pandemic are helping keep rents high. “It’s a bit like the inflation numbers....
...Airbnb has sued New York City over a new law which the vacation rental company alleged would create a “de facto ban” against short-term rentals in New York City....
...A further incentive for the city’s residents to vacate their homes this summer....
...Analysts attributed the trend to the high cost of housing in the capital and the market impact of the pandemic, when many people left big cities....
...Grainger and Network Rail have struck a deal to build 2,000 new rental homes in six cities across the UK....
...Last year, Suzhou, a city west of Shanghai, set up a trading platform to “co-ordinate the city’s computing resources”, according to its website....
...The 2050 Climate Change City Index, produced by Nestpick, a rentals platform, places a range of high and low-income cities at risk of rising sea-level damage....
...Guice said the rental market had proved more resilient....
...Now the city’s first — and only — super-tall outside Manhattan is shrouded in gloom and uncertainty....
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