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posted by cmn32480 on Saturday October 22 2016, @07:43PM   Printer-friendly
from the room-with-a-view dept.

New York State will now fine those who rent out homes and apartments illegally:

New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, striking a blow against Airbnb in one of its most important markets. Airbnb said it would file a lawsuit immediately to block the measure. The fines for those who advertise vacant apartments in a multi-unit building for 30 days or less could be as high as $7,500 for repeat offenders. Airbnb has acknowledged this rule is ignored by thousands of members. People are allowed to rent out a room in their house or apartment while they are also staying there, however.

The law will also fine residents for simply advertising an illegal rental listing. Airbnb tried to offer concessions to prevent the bill from passing. Also at ABC, ConsumerAffairs, and Reuters.


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  • (Score: 1) by tisI on Sunday October 23 2016, @05:58AM

    by tisI (5866) on Sunday October 23 2016, @05:58AM (#417767)

    American capitalism's cornerstone is free enterprise.

    The people of New York should replace their governor. He's defective.

    --
    "Suppose you were an idiot...and suppose you were a member of Congress...but I repeat myself."