November 22, 2016
Airbnb Inc. is dropping a lawsuit against New York state, focusing its efforts instead on New York City where a recent law will be enforced that fines hosts as much as $7,500 for advertising many common short-term rentals. In a procedural move, Airbnb and New York Attorney General Eric Schneiderman filed paperwork Tuesday indicating the regulations are the jurisdiction of New York City and that they agree the suit against the state should be dismissed. New York City officials are planning a hearing on the regulations affecting Airbnb on Dec. 17….
Source: http://www.wsj.com/articles/airbnb-drops-new-york-state-suit-focusing-on-city-1479849933
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