Onefinestay announces 100th New York property

A 100th home in New York has been added to property site onefinestay to join more than 700 in London.

Confirmation of the 100th property – a six-bedroom brownstone in Brooklyn Heights – comes less than six months after the company’s launch there in May.

Guests using the service live like a local in a private home when the owner is out of town, but with all the comforts and conveniences of an upscale hotel. The homeowners earn an additional income while they are out of town.

Homeowners in New York have taken to the concept and have joined almost three times more rapidly than they did when it launched in London in May 2010.

The company now claims to manage a property portfolio worth well in excess of $2 billion across both cities.

Prices in New York range from $200 a night for a one bedroom apartment to $1,000 for a historic four bedroom townhouse, and can be booked as easily as a hotel room.

Chief executive and co-founder Greg Marsh said: “It took us more than 14 months to sign up our 100th homeowner in London. It’s taken only five months to achieve that milestone in New York.”

Co-founder and international vice-president Evan Frank said: “Homeowners have been quick to embrace the concept, and growing our collection of homes so quickly has meant that we can offer guests the chance to live like a local in a home to suit any taste or preference.”