Morning Headlines: Developer Building Legal Airbnb in Philly

Unlike the other 900+ low-cost vacation rentals in the city.

Side view of another building on Amber Street by Postgreen Homes. Photo credit: Postgreen Homes.

Side view of another building on Amber Street by Postgreen Homes.
Photo credit: Postgreen Homes.

There are, as of publishing time, less than 1,000 Airbnb vacation rentals in Philadelphia (with prices ranging from $20 to $130/night). But a legal one is still in progress.

Postgreen Homes and Equinox Management & Construction is constructing an apartment building with a unit specifically for this purpose. The idea wasn’t out of the blue: the developers mentioned the vacation rental when applying for the building permit way back when. It would make Bill Green proud…

Can Bill Green — Who Has Used Airbnb — Make the Service Legal Before He Leaves?
This might be the first legal Airbnb rental in Philadelphia [Technical.ly Philly]
Airbnb, a sort of Couchsurfing for profit [Philly.com]

Meanwhile, in other property news…

Plan for Gallery Kmart: Not just one store [Inquirer]

Sneak peek: What 1900 Market St. might look like [Philadelphia Business Journal]

SugarHouse could end up not worth its debt [Double Down]

Pedestrian Streets: Past, Present, and Future Footways [Hidden City]

Changing Skyline: Boyd is doomed – but plan needs rethinking [Inquirer]