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Some of these residents have lived at the Riviera Apartments in Miami Beach, Florida for more than 10 or 20 years — and now they have less than two months to get out, according to a CBS News ...
A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [1]
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Short-term rentals are banned in certain parts of the city. [121] Barcelona: Vacation apartments are subject to the highest rate of property tax; platforms must share data with regulators. [122] [123] [124] Berlin: Short-term rentals require permission from authorities. Hosts can rent individual rooms with the condition that they live in most ...
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Later that year, the group assigned its rights to Miami developer Manny Medina. [12] Medina closed the hotel in preparation for major renovations, but neighborhood activists opposed a plan to reconstruct the parking garage. [15] In 1991, a decline in the economy led Citibank to foreclose on Medina's mansion, and the project was put on hold. [16]
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