The short-term commercial rentals marketplace Storefront announced yesterday that it has raised $1.6M in seed funding from Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, BoxGroup and Sand Hill Angels. Storefront launched out of startup accelerator Angelpad in San Francisco last fall and has already helped 100 pop-ups for brands and listed over 3M square feet in retail space. The startup… Read more
The Shareable Cities Resolution was adopted by the US Conference of Mayors yesterday! The resolution, co-sponsored by fifteen mayors including Mayor Lee of San Francisco and Mayor Bloomberg of New York City, states that mayors resolve to make their cities more shareable, encourage better understanding of the sharing economy, and create local task forces to… Read more
“The program is a long time coming. Other cities, like Boston, D.C., and Chattanooga (who knew?), have been there first. But New York poses its own unique problems: There’s the simmering culture war between cyclists and pretty much everyone else. There’s the vastly understaffed accident investigation squad, which proved ill-equipped to handle the cases of several… Read more
“Earlier this week, an administrative law judge in New York issued a new interpretation of the “shared space” exception to New York’s short-term rental restrictions, fining an Airbnb host named Nigel Warren $2,400 for hosting on Airbnb. The headlines are dramatic: Airbnb Is Illegal! But we want you to know that these headlines don’t tell the true… Read more