The Real Deal - New York Real Estate News

The European Union’s top court ruled against two Parisian Airbnb hosts in a decision that could impact the short-term rental business’s operations throughout the continent. The Court of Justice of the European Union ruled in favor of a Paris measure that requires property owners to get city approval to rent a second home on Airbnb, Reuters reported. Parisian officials had fined two apartment owners for failing to secure those approvals. Airbnb was not a party

One of Japan’s largest developers has unveiled new renderings for what could become the country’s tallest building upon completion in 2027. Mitsubishi Estate first announced that it would build the 1,279-square-foot building back in 2016, but revealed new details about the project — including its name, Tokyo Torch — earlier this month, CNN reported. The name is reportedly inspired by the developers’ desire for the building to be a beacon for Tokyo, but its shape

London’s skinniest home is for sale, but the asking price isn’t very small. The 1,034-square-foot home, which measures just five feet, five inches wide at its narrowest point, is asking $1.29 million, according to the New York Post. That asking price is a big jump from a decade ago, when an unknown buyer snagged the property for around $762,300. It’s had some notable owners in the past: “Pride and Prejudice” actor Simon Woods owned the