The lack of existing inventory that’s short-term rental friendly, and at that price point, prompted PMG and Greybrook to switch gears to condos.
One third of the office space has already been pre-leased, the developers said, even before the project was publicly announced.
A partnership with Airbnb allows owners to rent their condos restriction-free.
The project is slated for 2,351 residential units anbd 540,000 square feet of office space.