Airbnb reportedly bought its first Manhattan office building despite its long-running battle with New York City leaders over short-term rental rules.
The vacation rental company paid $81.5 million for its first New York City office building, purchasing the six-story, 42,500-square-foot property at 281 Park Avenue South near Gramercy Park, The Wall Street Journal reported Thursday. Previous reports disclosed the sale price but did not identify Airbnb as the buyer.
