As rental vacancies spike in New York City amid the coronavirus pandemic, a mobile app called Openigloo is launching to give tenants a helping hand choosing their next apartment.
"Landlords are eager to fill empty apartments, so for the first time tenants can take a breath," Allia Mohamed, CEO and co-founder of Openigloo, told Cheddar. "They can take longer than 10 minutes to make a decision."
The app will combine open-source data with first-hand information sourced directly from tenants about their landlords and buildings.
"Tenants can go onto the platform, search for their address, anonymously leave reviews, but also access real-time city data about their buildings, so things like open violation data, bed bug complaints, eviction history, and more," said Mohamed, who got the idea for the app after enduring her own difficulties securing an apartment in the city's notoriously tight market.
Much of this public data comes directly from the municipal agencies, she added, that collect a significant amount of information about the housing market but don't organize it in one place.
"One of the great things about New York City is it's really sophisticated in the way it organizes the data about apartments and landlords, but unfortunately it's spread to various different data sets," Mohamed said. "We've taken out a lot of the guesswork."
This could include information about a building's cleanliness, pest control, heat, and water pressure. Comments could also address how a landlord is managing the coronavirus pandemic, in terms of building safety measures or even lease terms for those economically impacted.
The outsized rent burden in New York City, where more than 44 percent of tenants pay more than 30 percent of their income on rent, is also a selling point for the startup.
"We really want to make sure that we're giving tenants as much information as possible before they make a really big financial decision," Mohamed said.
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
