Tuesday, May 15, 2018

New York City Poised to Join Airbnb Crackdown

By Sally Goldenberg 

NEW YORK | New York's City Council is plotting a crackdown on Airbnb, the largest home-sharing platform in the world, as the hotel industry and its unionized workers push lawmakers in some of the nation’s biggest cities to blunt the $30 billion company’s growth.

New York City's push resembles a legislative effort underway in Los Angeles, and comes months after San Francisco passed a measure mandating that hosts of short-term rental platforms register their homes with the city, leading to a decline in listings. The coastal cities are among Airbnb's largest markets in the United States.

Click here for the full article. 

Source: Politico (via Empire Report New York) 

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