Wealthy New Yorkers are renting second/pandemic apartments - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Wealthy New Yorkers are scooping up second apartments to use as offices so they can escape family members and have a better work-life balance

. He spoke with several New York City residents who found a work-life balance hard to come by while working remotely. They told him a second apartment acts as an office to create that needed separation — and a getaway after spending too much time with their loved ones.

They're paying anywhere from a $2,100 per month in rent for a 450-square-foot studio in Manhattan to a $195,000 contract for studio co-op in Queens. While some are renting apartments in the same building a few floors down or buying a place in the same neighborhood, Kussin wrote, some are buying the apartment next door with plans to combine it with their current apartment.

Ariel Moses, a 34-year-old communications professional, is doing just that. "I'm working in my bedroom right now and it's not productive," she told Kussin. "I need to maintain some decorum in some sense, and some professionalism."But renting or buying a second apartment in the city isn't the only way urban dwellers are taking a breath of air from cramped quarters.for an escape, like the day rates mainstream hotels are now offering to cooped-up individuals.

Many major hotel brands, from Marriott to Sheraton, have created daily office packages for parents looking for a calm, childless workspace,. Hilton's Cincinnati Netherland Plaza hotel, for example, is offering guests a room from 8 a.m. to 8 p.m. for $69. There's also Globe, an app launched in 2019 that offers short-term apartment and home rentals by the hour. The platform has seen an uptick in demand since the pandemic began in March, CEO Manny Bamfo told

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

same here also.

Selfish.

*to cheat

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Unemployed during coronavirus pandemic: Business Insider survey - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well Good Evening, check me out then Work at a university. So yup. Unemployed. And they are clueless how to reopen so far.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pakistan's mango exports are plummeting because of the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Restaurant sales slump after early signs of recovery from pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I hope many restaurant serve healthy food. We in Indonesia 🇮🇩, Asia love healthy food from around the world Here’s an idea Stop the scare mongering and you might just see numbers rise again Ffs! Ok, so when restaurants were closed for 2 months and allowed to reopen, their sales went up? But now that restrictions are back in some places, sales are going down. Wow.
Source: BusinessInsider - 🏆 729. / 51 Read more »

These 3 stocks have surged more than 1,000% since the COVID-19 pandemic low - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. kingoftheD414
Source: BusinessInsider - 🏆 729. / 51 Read more »