Thursday 5 July 2018

This startup is spending $10M to buy out vacant NYC apartments

  One startup plans to spend $10 million over the next year buying out leases in New York City and renting the units out itself. Rezi, which has raised $30 million from investors and went through an accelerator program in Silicon Valley, is attempting to make deals with New York landlords who are losing out on income from empty apartments during the marketing and leasing period, according to Crain’s. Rezi’s pitch is that it would […]



source https://therealdeal.com/2018/07/05/this-startup-is-spending-10m-to-buy-out-vacant-nyc-apartments/

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