Broadway Hotel and Hostel in Manhattan. Image Credit: CityLand
Broadway Hotel sued New York City claiming the Airbnb law was unconstitutional. The City served a summons on the Broadway Hotel on the Upper West Side of Manhattan for illegal transient occupancy. The New York City Airbnb law prohibited a class A dwelling from renting out rooms on a temporary basis. The City alleged that the Hotel was a Class A dwelling and was therefore prohibited from renting out rooms on a temporary basis for any period less than 30 days. (read more…)
According to the Office of Special Enforcement, all of the units at 200 East 116th Street were converted into illegal short term rentals. Image Credit: Google Maps
The lawsuit claims that at least 130 apartments were converted into illegal short-term rentals. On January 14, 2019, the Mayor’s Office of Special Enforcement announced that it filed a lawsuit against several defendants for converting apartments in 35 residential buildings into illegal short-term rentals through websites like Airbnb. The defendants include Metropolitan Property Group (MPG), five current or former MPG employees and 18 associated corporate entities. The lawsuit was filed on January 14, 2019, in New York State Supreme Court. (read more…)
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?
(read more…)
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…)
