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AirBnB precedence set to be illegal in NYC

 
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Exzavier
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Joined: 29 Mar 2005
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Location: Richmond, VA

PostPosted: Thu May 23, 2013 2:51 am    Post subject: AirBnB precedence set to be illegal in NYC Reply with quote

http://travel.yahoo.com/blogs/compass/airbnb-ruled-illegal-york-201213508.html

A ruling declared that a man who rented out part of his apartment on the website Airbnb broke New York City law.
Officials determined that Nigel Warren, who used Airbnb to rent out his apartment, should pay $2,400 for being in violation of an illegal hotel law, according to CNET.
The rule bans rentals for fewer than 29 days. The law was initially set up as a way to block owners from turning their residences into hotels. But the law is only enforced when a complaint is filed -- so it's unclear what effect this will have on other Airbnb hosts, Fast Company reports.
The website, which allows members to rent out rooms for short periods of time, has become popular with travelers looking for alternatives to hotels.
For renters, it's a way to pocket extra cash -- especially in a city with expensive real estate.
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