June 20, 2016
New Bill Adds Penalties of up to $7,500 to Airbnb Laws
The 2010 legislation that forbids some properties from being listed on sites like Airbnb–whole apartments without the original tenant present, for example–was just given more firepower. WSJ reports that both houses of the New York City legislature just passed a bill stating that advertisers of those illegal short term rentals could be smacked with fines of up to $7,500. According to Assemblywoman Linda Rosenthal, a Manhattan Democrat who sponsored the bill with Staten Island Sen. Andrew Lanza, “This bill will clarify that if you engage in such renting, there will be stiff penalties.”
Who's for it, who's against it
Who's for it, who's against it
