Name: What's up with Airbnb's Coachella chaos?
Uploaded: 2026-04-22T18:04:11Z
Description: Coachella is over. The Airbnb drama isn't. TikTok lit up with claims of last-minute cancellations and relistings at higher prices. But Airbnb told us that it saw no unusual spike and couldn't verify many of the viral stories.

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Coachella is over. The Airbnb drama isn't. TikTok lit up with claims of last-minute cancellations and relistings at higher prices. But Airbnb told us that it saw no unusual spike and couldn't verify many of the viral stories.

What's up with Airbnb's Coachella chaos?

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In this week’s Deconstruct, we examine how record Wall Street bonuses could influence New York City’s luxury real estate market. Plus: the upcoming trial of a former Vornado executive accused of fraud, foreclosure risks at Kaufman Astoria Studios, and why Palantir’s Miami headquarters announcement may not be what it seems.

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The Trump Library Foundation just dropped a flashy new rendering of its proposed Miami skyscraper—and it’s massive. But beyond the bold design, there’s still a big question: what exactly will it be used for? 

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Zohran Mamdani’s Rent Guidelines Board says the average rent-stabilized landlord is doing just fine. The RGB just released its annual report on landlord profits and expenses, which finds that for NYC buildings containing rent-stabilized units, average Net Operating Income rose 6.2% from 2023 to 2024. Mamdani and tenant advocates say this bolsters the case for a rent freeze, while landlord representatives say the number is misleading.