Jack Crivici-Kramer

Yes.

Last summer, the median one-bedroom Manhattan apartment hit $5,000 for the first time, according to Corker.

To afford a condo down in Tribeca, you either need Michael Bloomberg to be your guarantor.

Or be willing to host a meta-AI data center in your living room.

So, besties, the clearest winner of New York City being the city that never Airbnbs is... Hotels.

When the law passed in 2023, overnight, hotels became the only option for tourists in this city.

Unless you're willing to go over to Hoboken because, you know, everything's legal in Jersey.

Correct.

Yeah, yeah, yeah.

Airbnb did try to pass an easing of the law, but after the city elections last November, that bill got killed.

So three years after getting banned, Airbnb ain't waiting around.

They have stealthily added hotels, and no one is talking about it.

How is nobody talking about this?

Let's talk about it.

We could have talked about this in November.

Airbnb launched a pilot back in November to let people book hotels in New York City on Airbnb.

And they expanded to San Francisco, California.

This year.

So New York, L.A., Madrid, and now San Francisco.

Yeah.