Project turns vacant NY office space into midtown hotels

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Tourists heading to the London Olympic Games last summer may have found hotel prices too expensive, but at least could have taken advantage of the innovative taxi hotel, which saw a London black cab transformed into a comfortable temporary room. Looking for a more permanent solution to problems caused by the current economy, Denmark's Pop-Up Hotel aims to reappropriate vacant office space in the center of New York City and turn it into revenue-making hotels for travelers. According to the design firm behind the project, Pink Cloud, the average office vacancy rate in midtown Manhattan has risen to 21.6 percent…

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