Airbnb’s Threat To Affordable Housing

Now, with Internet access and a few minutes to spare, any New Yorker can effectively become an illegal hotel operator. According to the New York State Attorney General’s Office, approximately two-thirds of the 19,522 New York City Airbnb units are being rented in violation of the law that prohibits apartment rentals lasting fewer than 30 days with the owner not present. Read full article. 

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