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.
(Score: -1, Offtopic) by Anonymous Coward on Saturday October 22 2016, @10:01PM
Needs more self-loathing and resignation to the abyss.