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Man Fined $2,400 For Renting Out Apartment Because Airbnb Is Technically Illegal In NYC

Lifestyle / Shopping : The Consumerist

As a certain political candidate once put it so very accurately, “the rent is too damn high.” New York City dwellers know this all too well, which is why services like Airbnb can be a boon to anyone who doesn’t want to waste rent mo...

New York City politicians warn Ashton Kutcher, Jeff Bezos about investing in Airbnb

Business & Finance : Mashable: Business

Two New York City Council members on Wednesday sent a letter to several high profile Airbnb investors, including actor Ashton Kutcher and tech mogul Jeff Bezos, warning of the illegal nature of short-term renting in the Big Apple.  ...

11 Awesome 'Illegal' Airbnb Apartments You Can Rent In New York Right Now

Technology / Technology Industry News : Silicon Alley Insider

Earlier this week, an administrative law judge in New York City ruled that a man renting out his East Village apartment through Airbnb violated the city's law. New York City has a law that makes it illegal for people to rent out the...

Airbnb blamed for NYC's high rents and dwindling housing market

News : NY Daily News

Airbnb is hurting the city’s housing supply, and is likely removing thousands of units from the market and driving up rents for everyone.

Don't Blame AirBnb for New York City's High Rents: New at Reason

News : Reason

AirBnb has made for a convenient scapegoat for New York City's long standing problem of high rents. Allie Howell and Jared Meyer write: The mayor's desire to take action [on high rent] is warranted, as New Yorkers spend nearly two-t...

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