The Phaserl


Bitcoin for Rent – Real Estate Transaction Completed in NYC’s NoLita Neighborhood for BTC

by Michael Krieger, Liberty Blitzkreig

I’m currently at the Javits Convention Center in New York City attending the Inside Bitcoins Conference. In keeping with the spirt of the day, I want to highlight this story of a NYC resident who just completed a real estate rental transaction entirely in Bitcoin.

While I previously highlighted the fact that Alvic Property Management in NYC had announced it would accept BTC, this is the first instance I can recall of someone paying rent, security deposit and a broker fee all in Bitcoin. The total was $18,000.

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