Apartments in New York City. Image credit: Esteban Chiner.
Can New Yorkers rent their homes during the summer while they are away? Homeowners and tenants rent their homes while they are away this summer, but the question is: Is this Legal?
Apartments in New York City. Image credit: Esteban Chiner.
Can New Yorkers rent their homes during the summer while they are away? Homeowners and tenants rent their homes while they are away this summer, but the question is: Is this Legal?
Image credit: NYC Office of the Comptroller.
[The following guest commentary is a response to Airbnb’s commentary published here.]
New Yorkers are facing a growing affordability crisis, and over the years my office has examined many factors that have proven to contribute to the burden of rising prices – including, most recently, a report on the impact of Airbnb on New York City rental prices. (read more…)
Image credit: Airbnb
NYC Comptroller Scott Stringer recently released a report on Airbnb in New York City that is wrong on the facts, wrong on the methodology and wrong in its conclusions. (read more…)
Image credit: New York City Office of the Comptroller
On April 2018, New York City Comptroller Scott M. Stringer issued a report on the impact of Airbnb on City rents. The report looked at how the home-sharing company impacted rent in the City over the period of 2009 to 2016. The report found that rental rates increases during this time period can be attributed to Airbnb. (read more…)
Welcome to CityLand‘s sixth annual top ten stories of the year! We have selected a range of our most popular and prominent stories, and guest commentaries concerning New York City land use in 2017. Our 2017 coverage was highlighted by articles concerning the approval of construction safety training for construction workers, proposals for the creation of more affordable housing, neighborhood rezonings, the protection of landmarks, and a guide on tort liability for injuries involving trees. We at CityLand are excited to continue providing in-depth coverage of the latest land use projects, cases, and legislation in 2018 and look forward to seeing what the year will bring. Thank you for all of your support and have a happy new year! (read more…)
39 Fifth Avenue, Manhattan. Image credit: CityLand
Rent-stabilized tenant substantially profited from 93 individual Airbnb sublettings. In 2010, Linda Lipetz was diagnosed with cancer and was unable to work for over a year. From March 2011 to August 2012, in order to subsidize her rent, Lipetz sublet her rent-regulated apartment located at 39 Fifth Avenue in Greenwich Village. Lipetz hosted 93 different people for 338 total days through Airbnb, charging a nightly rate of $95 for one person and $120 for two, and generating $33,592 in revenue. (read more…)
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