A rendering of 50-story Natiivo Miami condominium, part of the unique Natiivo brand that makes it easy for owners to rent out their units on home-sharing platforms like Airbnb. (Photo: Courtesy Photo)
Airbnb Inc. and Miami developer Harvey Hernandez appear to have ended at least part of their joint venture providing for the development of home-sharing units weeks after suing each other.
San Francisco-based Airbnb and Hernandez and his NGD Homesharing LLC, which is developing projects intended for short-term rentals under the Niido and Natiivo brands, filed notices of voluntary dismissal with prejudice Tuesday after entering a confidential settlement. Airbnb’s case was dismissed Wednesday.
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