Industry News

Real estate rental service grows tsunami relief fund

Rent-Direct.com mobilizes New York City businesses

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Rent-Direct.com, an online marketplace for no-broker-fee apartment listings in the New York City metropolitan area, has set up a Tsunami Relief Fund to aid disaster-stricken countries in Southeast Asia. The tsunami, caused by a tremendously powerful earthquake below the Indian Ocean, has killed at least 150,000 people, injured hundreds of thousands, and left many people homeless. The death toll could rise, as there is still a long list of missing people, according to United Nations emergency relief administrators. In addition, Rent-Direct.com is setting aside a portion of all January sales and will present international relief organizations AmeriCares and Architecture for Humanity with a check earmarked for their work in Southeast Asia. The money will provide medical aid, water sanitation kits, and will help rebuild homes, schools and medical centers. Ralph Barocas and Larry Rosenberg, Rent-Direct.com's owners, kicked off the fund with a donation of $1,000. "The number of people left...