Airbnb, the short-term-rental behemoth, announced today that it’s putting “Rooms”—the concept that basically jump-started the sharing-economy movement back in 2008—front and center on its platform. This “touches the soul of the company,” said Airbnb CEO Brian Chesky in a press confer...
If repairs aren’t made in a timely manner, New York tenants can sue for costs, or a court order to force the landlord to make repairs. They can also cancel the rental agreement, and sometimes can make repairs and deduct from the rent. ...
If you wish to FIND a short-term rental, room for rent, or sublet and/or you are looking to take over a lease onLeasebreak.com, it's easy and free! In this case, you want to conduct your search as you would any other real estate website. If you find a property that interests ...
Airbnb and New York City officials announced an agreement Friday settling a long-running dispute over a municipal requirement that the home-sharing platform disclose data on hosts. Ad The listings data from home-sharing services enables officials to crack down on illegal short-term rentals. Under ...
SHORT TERM RENTALS NOW SUBJECT TO STRICT CITY REGULATIONS Local Law 18 of 2022 took effect on September 5th. It sets strict requirements for any NYC apartment to be listed for short term rental. All hosts of such rentals must register with the Mayor’s Office of Special Enforcement. Among ...
…a potential loss that could have long-term effects on a city that relies heavily on its wealthiest residents to support schools, law enforcement and other public services. …The top 1 percent of earners, who make more than $804,000 a year, contributed 41 percent of the city’s personal...
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The short-term rental market has grown rapidly over the last decade, led by the ascendance of Airbnb. The multifaceted impacts of short-term rentals, including increases in housing prices, changes in neighborhood character, and loses of revenue for hotels, have invited regulation from city ...
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Orion Rodgers, another short-term rental property manager in Victoria, manages about 30 properties. He said he also worried his business will be “erased” under the new law. “And all of my staff, they’ll lose their jobs and I’ll lose my business, which was a lawful busine...