New York’s Most Disruptive Tenant: Airbnb

“Airbnb and home-sharing are here to stay, and it’s a matter of time before we fix this law.” – Nick Papas, Director of Public Affairs at Airbnb   What if you needed the government’s permission every time you let your friends crash for the night? Say you received a notice claiming you were operating an “illegal hotel” for not obtaining clearance to let your out-of-town family stay over for the week. Would you argue there’s a line to be drawn? Friends? Friends of friends? Complete strangers? There’s a war going…

America’s Next-Gen Tech Bubble

“No one’s fearful, everyone’s greedy, and eventually it will end.” This quote from venture capitalist Bill Gurley accurately sums up the situation that’s developing in the Silicon Valley. Reminiscent of the dot-com boom and bust of the late 1990s, the tech industry seems to be yet again on the brink, if not already in the midst, of an economic bubble. This may come as a surprise to some, but mainstream news outlets have had some telltale signs as cover stories over the past year. On the ground level, disaster couldn’t be…