Short Term, Fully Furnished New York Apartments a Big Hit for Travelers

MyNyHousing Offers Exceptional New York Rental Options for Business Travelers, Relocating Residents, Tourists, Students and Anyone Looking for a Great New York City Furnished Housing

This press release was orginally distributed by SBWire

New York, NY -- (SBWIRE) -- 07/19/2016 -- Finding a comfortable and luxurious spot that feels like home can be a tremendous challenge for those travelling for business and tourism or those simply looking for a home between homes. Whether one finds themselves in any of these categories or any situation where they're looking for an apartment that meets a high standard of living, MyNyHousing offers the perfect solution.

"Our fully furnished apartments with short term rental options are truly spectacular living spaces that keep tenants from the hassle of having to worry about getting stuck in long term contracts or the huge headache of finding, renting and moving furniture," shared MyNyHousing Owner David Assouline. "Such issues are the last thing those staying for business, travelling as a tourist, or simply looking for a short term stay have on their mind. We are a team of professionals that understands this and has built an entire company to service these needs of our customers by offering them the best deals on luxury housing."

This month's featured listing on MyNyHousing is a state-of-the-art 2 bedroom, 2 bathroom on East 39th St & 9th Ave just steps away from Times Square, Penn Station, Intrepid Museum, Broadway shows, and plenty of restaurants and nightlife. This stylish and modern space comes complete with splendid city views, a 24/hr doorman, a dining table, spacious closets, a comfortable sofa and beautiful parquet wood flooring. The apartment also features a fantastic chef's kitchen featuring whitewashed oak cabinetry, a natural calacatta backsplash, caesarstone countertops, Bertazzoni range and microwave, and a stainless steel refrigerator and dishwasher. The bathroom is no less impressive with it Moss Lappato porcelain floors and shower wall, white caesarstone vanity top, rift cut white oak vanity with matching custom medicine cabinet, and a soaking tub to top it all off.

To see more photos and learn about the host of other high end amenities available in this wonderful living space, visit the listing on MyNyHousing's website here.

About MyNyHousing
MyNyHousing is a fully licensed, full service Real Estate Agency specializing in the rental of fully furnished apartments in New York City. They offer an inventory of over 400 listings, a professional website, and an international team of agents who will help apartment seekers to find housing based on your needs. Their clients include business travelers, relocating residents, tourists, students, and anyone looking for a great New York City apartment without having to sign a long term lease. Units are centrally located near multiple subway stops, parks, shopping, and other amenities.

www.mynyhousing.com
646-667-8144

For more information on this press release visit: http://www.sbwire.com/press-releases/short-term-fully-furnished-new-york-apartments-a-big-hit-for-travelers-706207.htm
Media Relations Contact

David Assouline
Telephone: 646-667-8144
Email: Click to Email David Assouline
Web: http://www.mynyhousing.com/

Resource : http://www.digitaljournal.com/pr/3009851

Delhi civic bodies to rent out schools to coaching institutes

Struggling for funds, Delhi’s three civic bodies plan to lease out their schools to private coaching institutions after teaching hours.

Money has been a problem. It triggered a civic crisis in late January when municipal staff, including teachers and doctors, struck work to protest non-payment of salaries. In the coming financial year, they are staring at a shortfall of Rs 5,100 crore, the civic bodies say.

Premises of only those schools that work morning hours — or first shift — will be leased out, officials said. The North Delhi municipal corporation (NDMC) has come out with a list of 390 such schools. The south and the east bodies, too, planned to do the same, sources said.

Around 1 million students go to the city’s 1,860 municipal schools, some of which have only a morning shift from 7am to 12.30pm. A majority of them, however, also have a second shift 1pm to 6.30pm — to make up for the shortfall of schools in the city.

“Thousands of students come to Delhi for coaching and to write competitive examination for courses like engineering, medicine, chartered accountancy and IAS. Institutes often face problems due to lack of space and that is where we want to come in,” said Mohan Bhardwaj, chairman, north Delhi standing committee.

The move would also help improve revenue flow, officials said. “Rather than the entire school, classrooms will be rented out,” an NDMC official said on condition of anonymity. It will allow schools to have more than one client. The north civic body alone has 1,800 classrooms.

The corporation has laid down a set of guidelines to ensure that the school work is not affected. The coaching institutes will have to deploy security guards, keep premises clean and pay penalty for any damage to building, furniture or other school property.

The civic bodies had earlier tried to rent out a part of the school premises to banks to set up ATMs but the project found no takers and was shelved.
Resource : http://www.hindustantimes.com/education/delhi-civic-bodies-to-rent-out-schools-to-coaching-institutes/story-E3EEgpMZAGrfB9RQPyV1LN.html

CoHo ties up with RentSher to enhance offerings in youth living spaces

India's leading long term managed Co-living space provider for students and youth (working professionals) has tied up with RentSher to provide furniture and appliances on rent in villas, apartments and student dorms currently operating in Delhi NCR.

The broad offering includes appliances like 42" LED television, front loading washing machine, double door refrigerators which are today's basic necessities for the students and youth living in cities such as Delhi, Gurgaon, Bangalore etc and range of set up for living, dining areas.

However, buying these products can be both expensive as well as complicated for cost sharing if you are living in a shared accommodation - renting the required products is a better solution for both for the end customer as well as the accommodation provider.

Convinced by the rental product solution - Coho.in, India's leading long term managed accommodation provider has tied up with Online Rental company- www.RentSher.com to provide complete setup of furniture and appliance on rent in villas, apartments and student dorms, thereby providing the end users with fully equipped residential facility in a "plug and play" format.

CoHo.in, which was started by Zocalo to provide fully-furnished comfortable long term home stay with an objective of creating a co-living community of likeminded people, has discovered a reliable partner in RentSher to equip the place with quality products on a monthly rental basis.

In addition to the facilities provided by Coho, the residents can also order for other products such as projectors, laptops, cameras, party products, costumes and dresses on a need basis at preferred rates from RentSher as additional potential benefits to be derived on account of the Coho RentSher partnership.

RentSher is growing rapidly in terms of business in Bangalore, Delhi NCR and now Gurgaon through both short term rentals and long term rentals as in case of CoHo.

RentSher's COO and Delhi Head, Karandeep, says: "This is one of the several long term partnerships we have built with home space providers, including PGs, Hotels, hostels and other formats.. Our customers get the hassle free experience as the delivery, installation and AMC is managed by us - all this at a fraction of cost of the product!"

Uday Lakkar, Founder cum CEO at CoHo and Zocalo validates the success of the model.

"RentSher could be our one stop shop as we expand our properties and locations across Delhi NCR and provide better housing experience to students and youth. One of the major requirements in Delhi is that of air conditioners on rent with maintenance which RentSher was able to provide, similarly we were able to get TV, Bicycles, PS3 and PS4 Gaming Consoles and other appliance on rent delivered quickly to match our business and community needs," says Lakkar.

Resource : http://www.business-standard.com/article/news-ani/coho-ties-up-with-rentsher-to-enhance-offerings-in-youth-living-spaces-116070100654_1.html

Furniture rental startup RentoMojo bags $5 Million from Accel partners, DG Ventures

The new funding round comes after the startup last year raised $2 million in pre-Series A funding from Accel Partners and IDG Ventures.

It is a marketplace that offers furniture, furnishings, appliances and other home verticals that house hunters can book at affordable rentals. It works on an asset-light model, and makes anything from 40-50% of the rental fee as commission on every booking, with the rest going to the vendor. Customers need to submit identification and address proof, besides a security deposit.

Rentomojo was founded in November 2014 by IIT Madras graduates Geetansh Bamania and Ajay Nain. The startup allows users to rent furniture, home furnishings and appliances for at least three months. It operates in Bengaluru, Mumbai, Delhi NCR and Pune. The startup employs 50 staffers.

It claims to have about 4,500 subscribers on its platform and is targeting 1-1.5 lakh subscribers in the next 18 months.

IDG Ventures is a global family of venture funds with approximately $3.6 billion under management, over 200 investers companies and 10 offices across Asia and North America. team companies include Flipkart, Myntra, Lenskart and Yatra.com

Resource : http://knowstartup.com/2016/07/rentomojo-bags-5-million/

Exclusive: Furniture rental firm Rentomojo gets more funds from IDG, Accel

Bangalore-based Edunetwork Pvt Ltd, which operates home appliances and furniture rental marketplace RentoMojo, has raised about Rs 33.5 crore ($5 million) from existing investors including Accel Partners and IDG Ventures India, a person privy to the development told TechCircle.

The funding is believed to be part of the Series A round.

The deal closed in June, according to VCCEdge, the data research platform of VCCircle.

Rentomojo co-founder Geetansh Bamania confirmed the development but declined to give any details.

The new funding round comes after the startup last year raised $2 million in pre-Series A funding from Accel Partners and IDG Ventures.

Rentomojo was founded in November 2014 by IIT Madras graduates Geetansh Bamania and Ajay Nain. The startup allows users to rent furniture, home furnishings and appliances for at least three months. It operates in Bengaluru, Mumbai, Delhi NCR and Pune. The startup employs 50 staffers.

It claims to have about 4,500 subscribers on its platform and is targeting 1-1.5 lakh subscribers in the next 18 months.

Customers need to submit identification and address proof, besides a security deposit. The startup keeps 40-50% of the rental fee as commission on every booking, with the remainder going to the vendor. It claims to be growing at 30% on a month-on-month basis.

Online furniture rental is an asset-light business that has attracted many startups and investors. FlatFurnish recently raised angel funding from former Jabong CEO Arun Chandra Mohan while WhatsOnRent raised angel funding from CommonFloor.com co-founder Lalit Mangal and other investors in January. RentOnGo secured angel funding from Snapdeal’s former chief product officer Anand Chandrasekaran, GSF India founder Rajesh Sawhney and other angel investors.

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Resource : http://techcircle.vccircle.com/2016/07/13/exclusive-furniture-rental-startup-rentomojo-raises-more-funds-from-idg-accel/

Repair shops under Bhopal’s Chetak bridge pose a risk: Experts

Mushroom growth of repair shops under the Bhopal’s Chetak railway overbridge (ROB) in Bhopal’s MP Nagar area is a risk to the bridge and the people alike as the shopkeepers use inflammable gases and heavy hammering to get the jobs done, experts said.

They feared a Vivekananda Flyover-like tragedy, which had left over 20 people dead in Kolkata, if a proper monitoring was not done while allotting the shops.

There are around 25 shops under overbridge which deal in refrigerator, AC and automobile repairs.

Compressors and cylinders can cause damage if they burst

Refrigerators and automobiles in particular have compressors and cylinders respectively in them which can burst causing a severe damage not only to the ROB but also to the shopkeepers and passersby.

A shopkeeper said these shops were allotted to them on a lease by the Bhopal Municipal Corporation (BMC).

The agreement was renewed after a fixed time. He claimed most of the shops have been given to a third person on rent by the original lessee.

Mohammed Baseer,65, of Kargil Nagar said he had been residing for more than 30 years near the bridge.

No such shop with so many equipment were there initially but printing, repairing and all kinds of businesses came up in the last one decade since MP Nagar developed as the main commercial centre of the city.

The scene is no different at Prabhat Talkies railway overbridge. There are a number of newly constructed shops waiting to be allotted. They are numbered serially and the wall all around has been white washed.

However, there are a number of houses too close to the ROB. Besides, construction work is going on the side where iron rods are piled up over the walkway with no protective shielding.

This pathway is the only way there for the persons living in the slums near the overbridge.

Social activist Abdul Jabbar says he has not witnessed any such activity near the bridges in Delhi or any other city.

They are not only risky for the bridges but also for the people nearby.
Resource :http://www.hindustantimes.com/bhopal/repair-shops-under-bhopal-s-chetak-bridge-pose-a-risk-experts/story-h43vAaTUrksbVDfYiWzFLK.html

Exclusive: Furniture rental startup Rentomojo raises more funds from IDG, Accel

Bangalore-based Edunetwork Pvt Ltd, which operates home appliances and furniture rental marketplace RentoMojo, has raised about Rs 33.5 crore ($5 million) from existing investors including Accel Partners and IDG Ventures India, a person privy to the development told TechCircle.

The funding is part of the Series A round.

The deal closed in June, according to VCCEdge, the data research platform of VCCircle.

Rentomojo co-founder Geetansh Bamania confirmed the development but declined to give any details.

The new funding round comes after the startup last year raised $2 million in pre-Series A funding from Accel Partners and IDG Ventures.

Rentomojo was founded in November 2014 by IIT Madras graduates Geetansh Bamania and Ajay Nain. The startup allows users to rent furniture, home furnishings and appliances for at least three months. It operates in Bengaluru, Mumbai, Delhi NCR and Pune. The startup employs 50 staffers.

It claims to have about 4,500 subscribers on its platform and is targeting 1-1.5 lakh subscribers in the next 18 months.

Customers need to submit identification and address proof, besides a security deposit. The startup keeps 40-50% of the rental fee as commission on every booking, with the remainder going to the vendor. It claims to be growing at 30% on a month-on-month basis.

Online furniture rental is an asset-light business that has attracted many startups and investors. FlatFurnish recently raised angel funding from former Jabong CEO Arun Chandra Mohan while WhatsOnRent raised angel funding from CommonFloor.com co-founder Lalit Mangal and other investors in January. RentOnGo secured angel funding from Snapdeal’s former chief product officer Anand Chandrasekaran, GSF India founder Rajesh Sawhney and other angel investors.

Like this report? Sign up for our daily newsletter to get our top reports.
Resource : http://techcircle.vccircle.com/2016/07/13/exclusive-furniture-rental-startup-rentomojo-raises-more-funds-from-idg-accel/

Microluxe Hotel: Stay The Night & Buy The Furniture

As the little Old El Paso girl once said “Why can’t we have both?” and what a sentiment that has turned out to be. Fulfilling our 21st-century cravings for hybrids and 2-in-1 convenience, a Melbourne architect has turned a tiny one-bedroom flat into a an uber-cool retail concept where you can stay overnight, then buy the furniture the next day.

The “showroom, store and hotel in one” located in the Melbourne suburb of Fitzroy has been dubbed ‘Microluxe’ by architect Ben Edwards who works down the road at Edwards Moore studio with his partner Juliette Moore.

Microluxe is a retail space turned short-term rental that you can actually rent on Airbnb with everything that’s not nailed down for sale.

Yes, that’s right. Everything from the bath, kitchen fit-out, towels, chairs, paintings, couch, coffee table and even the olive oil soap is up for grabs at Microluxe via an iPad that allows you to order the items new from retailers that Edwards has sourced from…all with a 10% discount.

“It’s a shop you can stay in; an interesting cross-over between design and retail,” Edwards said. “You might get up from the bed and think ‘that was amazing’. So you get to try before you buy.”

At only $300 AUD per night, it’s a little slice of luxury convenience. Check out @micro_luxe for more.

Resource : http://www.dmarge.com/2016/07/microluxe-hotel-retail-concept.html

Stay Alfred: The biggest short-term rental startup you’ve never heard of is on track for $25M in revenue this year

Over the past decade, the lodging industry has split into two rival camps — hotels and short-term rentals — thanks to the rise of disruptive tech companies like Airbnb and HomeAway. But unlike these services, sold as everything hotels aren’t, Stay Alfred claims to offer the best of both worlds.

The unassuming startup has been slowly building its brand, reputation, and customer base since 2012. It operates short-term rentals out of the downtown neighborhoods of 13 major U.S. cities. With $13 million in revenue so far in 2016, Stay Alfred says it’s on pace to generate more than $25 million in revenue this year. CEO Jordan Allen says a consistent, branded experience at every location is key to the company’s success.

“Control of the entire guest experience is a major advantage for us,” he said. “At the end of the day, most of our ‘competitors’ are marketplaces for someone else’s widget. We’re the marketplace and the widget.”

Stay Alfred leases individual units and entire buildings and uses them as its inventory — effectively creating lodging space out of existing residential buildings. It controls the furnishing, cleaning, booking, and customer service for each rental. Its customers are primarily leisure travelers or people who want the consistency of staying in a hotel with the space and flexibility of a furnished apartment. For example, a patient traveling for a cancer treatment, with medical equipment and staff, may prefer a Stay Alfred rental over other accommodations.

“A hotel room is pretty small and then do you really want to be doing medical stuff in some guy’s spare bedroom? It’s just kind of weird. There’s an undeniable need for what our product is,” said Allen.

Stay Alfred has been battling regulation, like Seattle’s proposed 90-day cap on commercial short-term rental operators, since it was founded. But Allen says the startup has been able to avoid or work within regulations because it operates exclusively out of downtown locations. In many cities, rules aimed at curbing short-term rentals don’t apply to commercial districts — although that isn’t the case in Seattle.

Allen co-founded the company with Conrad Manfred, who eventually moved on to other ventures. “Alfred” is a combination of the co-founders’ surnames — though they went through at least three name iterations before settling on Stay Alfred.

The startup employs 60 at its Spokane, Wash. headquarters, and an additional half dozen remote workers. Allen founded Stay Alfred at 28 and bootstrapped it from the beginning. He was able to scale the business based on cash generated from the initial properties. Only now is Allen considering fundraising.

“Our vision for our company has really solidified over the last few months even.” said Allen. “What we really need to do is build our strong brand similar to a Marriot or a Hilton in this Airbnb vacation rental space. So the check-in experience is the same. The cleaning is the same. Your furniture is the same. It’s really creating this brand people can rely on. I think the Airbnbs and HomeAways do have some great experiences there. That’s why they’re growing so much. But you’re kind of rolling the dice. You never know what you’re going to get.”

Resource : http://www.geekwire.com/2016/stay-alfred-biggest-short-term-rental-startup-youve-never-heard-track-25m-revenue-year/

CoHo ties up with RentSher to enhance offerings in youth living spaces

India's leading long term managed Co-living space provider for students and youth (working professionals) has tied up with RentSher to provide furniture and appliances on rent in villas, apartments and student dorms currently operating in Delhi NCR.

The broad offering includes appliances like 42" LED television, front loading washing machine, double door refrigerators which are today's basic necessities for the students and youth living in cities such as Delhi, Gurgaon, Bangalore etc and range of set up for living, dining areas.

However, buying these products can be both expensive as well as complicated for cost sharing if you are living in a shared accommodation - renting the required products is a better solution for both for the end customer as well as the accommodation provider.

Convinced by the rental product solution - Coho.in, India's leading long term managed accommodation provider has tied up with Online Rental company- www.RentSher.com to provide complete setup of furniture and appliance on rent in villas, apartments and student dorms, thereby providing the end users with fully equipped residential facility in a "plug and play" format.

CoHo.in, which was started by Zocalo to provide fully-furnished comfortable long term home stay with an objective of creating a co-living community of likeminded people, has discovered a reliable partner in RentSher to equip the place with quality products on a monthly rental basis.

In addition to the facilities provided by Coho, the residents can also order for other products such as projectors, laptops, cameras, party products, costumes and dresses on a need basis at preferred rates from RentSher as additional potential benefits to be derived on account of the Coho RentSher partnership.

RentSher is growing rapidly in terms of business in Bangalore, Delhi NCR and now Gurgaon through both short term rentals and long term rentals as in case of CoHo.

RentSher's COO and Delhi Head, Karandeep, says: "This is one of the several long term partnerships we have built with home space providers, including PGs, Hotels, hostels and other formats.. Our customers get the hassle free experience as the delivery, installation and AMC is managed by us - all this at a fraction of cost of the product!"

Uday Lakkar, Founder cum CEO at CoHo and Zocalo validates the success of the model.

"RentSher could be our one stop shop as we expand our properties and locations across Delhi NCR and provide better housing experience to students and youth. One of the major requirements in Delhi is that of air conditioners on rent with maintenance which RentSher was able to provide, similarly we were able to get TV, Bicycles, PS3 and PS4 Gaming Consoles and other appliance on rent delivered quickly to match our business and community needs," says Lakkar.
Resource : http://www.business-standard.com/article/news-ani/coho-ties-up-with-rentsher-to-enhance-offerings-in-youth-living-spaces-116070100654_1.html