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Extended-stay hotels take off in Manhattan

Softening rents, changes in hiring practices fuel rise in short-term housing
Thursday, March 13, 2014 - 06:00

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Home away from home: The lobby of Sutton Court Hotel Residences, which offers executive housing. All 110 units at the 35-storey building on East 57th Street are reserved for long-term guests. - PHOTO: YANA PASKOVA/THE NEW YORK TIMES

[NEW YORK] A fast-growing class of properties in New York is encouraging people not only to visit, but to stay awhile. Known as extended-stay, corporate or short-term housing, these units have proliferated in recent years across Manhattan, both in buildings dedicated solely to this function and

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