June 17, 2016
ALBANY – The state legislature delivered a body blow to Airbnb Friday, passing a bill that imposes hefty fines that start at $1,000 for apartment rentals of less than 30 days — which are illegal and which are a big part of the apartment-sharing site’s business. “I’m elated,” said Assemblywoman Linda Rosenthal (D-Manhattan), the chief sponsor in the Democratic-controlled Assembly. “You should know who your neighbor is and what happens when people rent out their apartments on Airbnb is you get strangers. Every night there could be different person sleeping in the next apartment and it shatters that sense of community in the building. It also can be dangerous.”…
Source: http://nypost.com/2016/06/17/new-bill-could-crush-airbnbs-new-york-business/
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