Rent-stabilized tenant evicted after cashing in on Airbnb

This could help doom scores of Airbnb rentals.

A Manhattan Housing Court judge has ruled that rent-stabilized tenants can’t double-dip — or get a financial break and turn around and make money peddling their pads to tourists on websites such as Airbnb.

The ruling is the first to outright evict a tenant under rent controls without giving him a second chance, said Frank Ricci of the Rent Stabilization Association, which represents more than 25,000 landlords. Read full article. 

Be the first to comment

Please check your e-mail for a link to activate your account.

Donate

connect