Wednesday, February 3, 2016

Zillow Buys New York's Naked Apartments

Seattle-based real estate site Zillow Group said Wednesday that it has acquired Naked Apartments, an online apartment rental site serving New York City. The acquisition was worth $13M in cash. The company said it expects the deal to close in the next few weeks. Zillow said the acquisition specifically helps it bolster its brand in New York City, where it also owns the site Street Easy.