Tag: Shuttered

NYC shuttered 80% of its Airbnbs in an attempt to make housing more affordable. All that’s done so far is make hotels more expensive.

The number of legal short-term rentals in New York City has plummeted since strict regulations were enforced in September.Alexi Rosenfeld/Getty Images Last year, New York City began enforcing its near-ban on short-term rentals, including Airbnbs. As of June 24, there were just 2,276 legal short-term rentals, according to the city government. City officials say the […]

Three more reportedly added to list of shuttered stores in 2024

Walmart is the latest low-price retailer to announce store closures, according to reports. Two stores in California and one store in Maryland is closing, according to the Business Insider. The media outlet also is reporting that the retailer has closed three other stores, two in California and one in Ohio. Walmart’s closure announcement comes just […]

Former Messenger employees sue shuttered news site

Former employees at The Messenger filed a class action lawsuit against the media company Thursday, a day after the failed start-up shut down and dismissed all of its roughly 300 employees. The lawsuit alleges that The Messenger violated the WARN Act — a labor law that protects employees from mass layoffs or shutdowns — by […]

Shuttered Treasure Island yacht club sells to California investor

A former yacht and tennis club turned event space that shut its doors in August now has a new owner. California-based Tavaco Properties acquired the Club at Treasure Island last week and plans to re-open it, Sam Tavakoli, a partner at the company, told the Tampa Bay Times. The club’s previous owner, Bill Edwards, took […]