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The building now has two separate short-term rental operations, one known as Chicago Downtown Suites or Pangea Suites, the other as Pittsfield Suites. Both are offered on travel websites such as Expedia [7] and Travelocity. The student dormitory (Fornelli Hall) that formerly occupied the 13th to 21st floors no longer operates at this address.
Sonder manages 92 of the apartment units in the building for short-term rentals. [17] The base of the new building is respectful of the skyline of the pre-existing landmark district, while the tall tower extension rises from an intermediating 4-story winter garden atop the base.
New York City, Chicago and other cities have introduced restrictions on short-term rentals, though regulation is not always strictly enforced. [15] The City of Portland, for example, does not allow rentals of less than 30 days in residential zones but according to local vacation property managers such as Vacasa, the average guest stays 3-10 nights.
1000M is an apartment complex in the Historic Michigan Boulevard District portion of Michigan Avenue in the Chicago Loop. Designed by Helmut Jahn and Kara Mann, the building is a 73-story, 832-foot (253.6 m) tall tower located at 1000 South Michigan Avenue .
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
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