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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 .
Sedgwick Gardens was designed by prominent Washington architect Mihran Mesrobian for local developer Max Gorin of the Southern Construction Company in 1931 for $500,000, and in 1932 opened as a rental apartments building. [2] It is currently distinguished as one of the Cleveland Park Historic District apartment complexes in Washington. [3] [4]
Olympia Apartments is an historic structure located in the Columbia Heights neighborhood in Washington, D.C.'s Northwest Quadrant. Albert B. Morgan designed this apartment building and it was completed in 1898.
Apartments in the unfinished building, priced from $30,000 to $140,000, began selling in October 1967, an indication of how popular the complex was with District residents. [ 77 ] [ 84 ] The Watergate West topped out on August 16, 1968, at which point the cost of the project had risen to $70 million. [ 85 ]
Pages in category "Apartment buildings in Washington, D.C." The following 43 pages are in this category, out of 43 total. This list may not reflect recent changes.
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
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