What's Hot: Douglas Development Files PUD For Large Warehouse At New City Site Along New York Avenue
An Airbnb-Ready Apartment Complex
✉️ Want to forward this article? Click here.
![An Airbnb-Ready Apartment Complex: Figure 1](https://assets.urbanturf.com/dc/images/blog/2017/10/airbnbapts550.jpg)
While jurisdictions are still looking for ways to address home-sharing platforms like Airbnb, the company is exploring a way to circumvent legal concerns — their own apartment complex.
As Fast Company reports, Airbnb has partnered up with Newgard to deliver a 324-unit apartment building with home-sharing built into the lease. The complex, called “Niido”, will deliver in Florida in the first quarter of 2018.
story continues below
loading...story continues above
Tenants of the complex have the option of listing their apartment on Airbnb for 180 days out of the year and will share a percentage of revenue with Newgard. Those tenants would have access to an app that provides keyless entry to the apartment and facilitates concierge services like cleaning and linens from building management similarly to a hotel.
“This partnership shows how landlords, developers and Airbnb can work together to create value for everyone and better serve tenants,” stated Jaja Jackson, Airbnb’s director of global multifamily partnerships, in a press release.
Depending on the success of this project, this home-sharing and profit-sharing model may be replicated elsewhere in an attempt to address the legality and affects on supply of short-term rental services.
See other articles related to: airbnb, apartments, florida, short-term rental
This article originally published at https://dc.urbanturf.com/articles/blog/an_airbnb-ready_apartment_complex/13121.
Most Popular... This Week • Last 30 Days • Ever
![First-Timer Primer: Tax Relief for DC Homeowners](https://assets.urbanturf.com/dc/images/blog/2013/02/Homestead_Exemption_280.jpg)
When you buy a home in the District, you will have to pay property taxes along with y... read »
![A 127-Unit Luxury Condo Building In The Works For Downtown DC](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/950%203rd%20Street%20Dusk%20EXT_image_560x420.jpg)
The largest condominium building in downtown DC in recent memory is currently under c... read »
![HPO Recommends Approval For 160-Unit Office-To-Residential Conversion in Dupont Circle](https://assets.urbanturf.com/dc/images/blog/2024/06/resized/1201-Conn_image_560x420.jpg)
The plan to convert a Dupont Circle office building into a residential development ap... read »
![Beautifully Constructed Condominium in The Bridge District is Now 50% Sold](https://assets.urbanturf.com/dc/images/blog/2024/07/Riviere%20article/resized/2305%20Nicholson%20St%20SE%20405-0003_image_560x420.jpg)
The Rivière includes just 20 homes located on the eastern banks of the Anacostia Riv... read »
![Monday's Must Reads](https://assets.urbanturf.com/dc/images/blog/2024/07/resized/bubble_image_560x420.jpg)
Why Tyra Banks is serving ice cream in DC; a bike shop/record store opens in Adams Mo... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro