Airbnb

City Living

noiseaware, noise pollution, noise sensors

Photo via NoiseAware

As the number of short-term rentals skyrockets across the country so does the chance of noisy tenants, and with that, complaints from neighbors. A new startup has developed a way for property owners to become more courteous neighbors. NoiseAware, founded by two short term rental managers, developed noise-tracking software that distinguishes noise from true nuisance and alerts landlords with a text message when it violates the threshold (h/t Fast Co.Design). Users of the software, what the company calls a “smoke detector for noise,” can customize quiet hours, the noise threshold and alert preferences.

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Celebrities, Jamaica

85-15 wareham place, donald trump, fred trump, trump childhood home, historic homes, jamaica estates, auctions, Queens

Photo courtesy of Laffey Fine Homes from a previous listing

President Trump, who is currently in New Jersey on a 17-day vacation, announced that he will travel to Trump Tower this Sunday. While his Midtown penthouse will be getting a lot of attention this weekend, his childhood home in Queens is also making headlines. The home at 85-15 Wareham Place is up for rent on Airbnb, according to a recent listing on the company’s website (h/t NY Post). The modest Tudor style home in Jamaica Estates is listed for as much as $725 per month. The home features five bedrooms, sleeps 20 people, and includes a life-size cut out of POTUS in the living room. Even though the president only lived there until he was four years old, according to the listing, “this is a unique and special opportunity to stay in the home of a sitting president.”

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Policy

airbnb, airbnb logo, short term rentals

In an attempt to crack down on illegal short-term rentals, Mayor de Blasio’s budget for the fiscal year 2018 allocates $1.6 million to expand the city’s Office of Special Enforcement, the department that inspects and fines landlords who rent entire apartments for fewer than 30 days. Adding to these efforts, an anti-Airbnb coalition made up of public officials and housing organizations/unions created a hotline for New York City tenants to report any illegal rentals, as reported by the Daily News. Beginning today, ShareBetter will start receiving actionable complaints.

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Policy

airbnb, airbnb logo, short term rentals

While the state’s updated anti-Airbnb bill has now been in effect for three months, the city has issued fines on just 139 illegal listings, out of the nearly 24,000 that reportedly need to be investigated. The recently enacted legislation builds on the state’s 2010 law that makes it illegal to rent out an apartment for less than 30 days without the owner present. The new law goes further by making it illegal to advertise these short-term rentals through websites like Airbnb. As Crain’s explains, based on the number of listings on the company’s website, it would take the Mayor’s Office of Special Enforcement nearly 43 years to investigate all of them.

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Policy

airbnb, airbnb logo, short term rentals

With the announcement of Mayor de Blasio’s new executive budget on Wednesday, the shaky relationship between the short-term rental company Airbnb and New York City continues. As reported by Crain’s, the city plans to crack down on illegal short-term rentals by spending an extra $2.9 million over the next two fiscal years. For the fiscal year 2018, the mayor plans to pour $1.6 million into expanding the city’s Office of Special Enforcement, which inspects and fines landlords who rent entire apartments out for fewer than 30 days.

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Hotels, Policy

airbnb, airbnb logo, short term rentals

With its value nearing $30 billion dollars, it’s hard to deny Airbnb’s influence and disruption in the American hotel industry. Since its founding in 2008, the short-term lodging company has serviced about 150 million travelers, in three million listings in more than 191 countries. And as the New York Times reported, the hotel industry has launched a plan to take action against the company’s growing market share. The plan includes a national campaign at the local, state and federal levels to counter Airbnb by lobbying politicians and attorneys general to reduce the number of Airbnb hosts and fund studies that show they do not collect hotel taxes and are not required to follow the same safety and security regulations that hotels must follow.

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City Living, real estate trends

Number of elderly Airbnb hosts jumps 60 percent in NYC

By Devin Gannon, Tue, April 11, 2017

Airbnb, Housing, Tourism, Hotel

To make money and stay social after retirement, older New Yorkers are turning to Airbnb. According to a report by the company, the population of senior citizens hosting visitors through the website continues to grow faster than any other demographic in both New York State and City. The Daily News reports that in NYC, the number of elderly Airbnb hosts jumped 60 percent in the last year. Specifically, the Bronx saw a 120 percent leap and Queens a 199 percent increase. While this shows a clear boost, senior citizens still only make up about four percent of the city’s total listings, or about 1,043, up from 649 the year before.

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Hotels, real estate trends

airbnb, airbnb logo, short term rentals

After raising an additional $1 billion in a financing round that began last summer, Airbnb, the short-term stay rental company, is now listed as the second most valuable private company in the United States, following Uber, the ride-hailing business, as the New York Times reported. Airbnb, based in San Francisco, has raised more than $3 billion and secured a $1 billion line of credit since the company was founded in 2008. It is now worth nearly $31 billion dollars.

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gentrification

bed stuy block and brownstones

Watchdog group Inside Airbnb released a new report, which shows that across 72 predominantly African-American neighborhoods in New York City, 74 percent of Airbnb hosts are white–a startling figure considering only 14 percent of the total population in these areas is white. As outlined in the Daily News, these white hosts earned $160 million from Airbnb rentals, compared to just $48 million for black hosts.

Which neighborhoods are most affected

Policy

NYC tourists, tourism

After settling with New York state two weeks ago, Airbnb has now also dropped its case against the city, reports the Times. The company filed the lawsuits after Governor Cuomo passed a bill in October that would impose fines of up to $7,500 for illegal short-term rental listings–those rented out for fewer than 30 days without the lease holder present–on the site. The company agreed to settle on the grounds that the city only hold hosts responsible for the fines, not Airbnb. And they’re facing similar situations in cities like Berlin, Amsterdam, and London, who will likely look to the New York case as they move forward with their own regulations.

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