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New York City Council Wants More Funding to Go After Airbnb Scofflaws

New York rules have rules about short-term rentals are supposed to work. That doesn't mean everyone is following them.
April 17, 2018, 7am PDT | James Brasuell | @CasualBrasuell
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"The [New York} City Council hopes to pump up a task force targeting illegal home rentals—a move that could deflate Airbnb," reports Will Bredderman.

City Council Speaker Corey Johnson is asking for an additional $2 million in funding for the Office of Special Enforcement above what Mayor Bill de Blasio suggested in his budget proposal.

The new funding would allow more aggressive enforcement of short-term rental regulations, most of which have been implemented at the state level in New York. "In most cases, state law requires that a permanent occupant remain on-site whenever paying guests stay in an apartment or house for fewer than 30 days. The state also passed a law in 2016 outlawing the advertising of arrangements that would violate this rule," according to Bredderman.

Full Story:
Published on Monday, April 16, 2018 in Crain's New York Business
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