Short-term rental company taking over Midtown hotel

A short-term rental company is zeroing in on New York City’s hotel market, signing two leases in the span of a week. Miami-based CorpHousing Group announced a 15-year master lease operation agreement for The Tuscany Hotel in Murray Hill. The property at 120 East 39th Street is currently a St. Giles Signature Hotel. CorpHousing plans to begin operating the property’s 124 units in the fourth quarter under its LuxUrban brand, geared towards vacationers and business