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"This forthcoming 33-story Airbnb hotel-hybrid at 48 East Avenue will contain 249 individually owned residential units and a publicly accessible coffee shop and lounge; rooms will offer small-batch local coffee and “local meal kits” (partners for those items have not yet been identified). It will operate with hotel-like amenities — 24/7 concierge, valet parking, a pool, and a fitness center — while owners are limited to 30 consecutive days' occupancy due to licensing; Airbnb will provide guidance on common areas and rental interiors. A sales center for units priced roughly $300,000 to $1.2 million is slated to open this summer, construction is expected to begin in the fall, and the building's opening is projected for September 2021." - Erin Russell