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Updated about 8 years ago,

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Dave Van Horn
Pro Member
#5 Real Estate Events & Meetups Contributor
  • Fund Manager
  • Wayne, PA
1,625
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1,478
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New AirBnb Law in NYC with fines of up to $7,500, thoughts?

Dave Van Horn
Pro Member
#5 Real Estate Events & Meetups Contributor
  • Fund Manager
  • Wayne, PA
Posted

This article was featured yesterday in the Wall Street Journal. Apparently, a new state law will target Airbnb advertisers with fines of up to $7,500 if they violate a 2010 law that bars rentals under 30 days in multiunit New York City buildings when the owner or tenant isn’t home.

Curious to hear other BPer's opinions on this, especially those in the NYC Airbnb business.

http://www.wsj.com/articles/new-airbnb-law-causes-...

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