Burgeoning Shared-Space Market Challenges Status Quo

Law360, New York (March 11, 2014, 6:36 PM EDT) -- With the introduction of Breather, another website that straddles real estate and the so-called sharing economy by allowing people to rent small, office-like space for an hour at a time, experts say it may be time to re-evaluate how space usage is defined for zoning and legal purposes.

Breather is only the latest technology- and sharing-based business to “disrupt” the real estate industry, particularly in urban centers, as a way of making space more accessible and affordable. Airbnb Inc. is perhaps the most well-known for short-term residential...
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