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This isn't your parents' timeshare, or your typical New Yorker's summer share, for that matter: a Lower East Side group is offering patches of grass on Ludlow Street for rent by the hour. The base rate is $50 an hour for up to 30 guests, with add-ons like kiddie pool, Slip ‘n’ Slide, hammock, BBQ supplies, and a keg. The space is partnering with local institution Cake Shop for its opening party on August 11. [Gothamist]